Investments & Funding
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Nestlé invests US$4.44m in localizing production of Nescafé Gold coffee in South Africa
SOUTH AFRICA – Swiss food company, Nestlé, has inaugurated its new R79-million (US$4.44m) plant in Babelegi, Hammanskraal, which has localized the production of the Nescafé…
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Endress+Hauser expands liquid analysis facility, opens innovation cluster
GERMANY – Endress+Hauser, a leading global supplier of measurement and automation technology for process and laboratory applications, has invested US$11.22 million in expansion of its facility…
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Heineken UK invests US$25m in enhancing operations of Manchester brewery
UK – Heineken UK, the nation’s largest pub, beer, and cider company, has announced a substantial investment of £25 million (US$28.05m) into its Manchester brewery.…
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USAID to invest US$159.5M in dairy, horticulture value chains
KENYA – The United States Agency for International Development (USAID) has committed US$159.5m to support dairy and horticultural farmers to increase their production. USAID noted…
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Nestle invests US$108.9M to set up its 10th factory in India
INDIA – Nestlé, Swiss multinational food, and drink conglomerate corporation, has revealed its plans to invest US$108.9m to set up a new food processing unit…