Investments & Funding
-
Egypt begins construction works of US$19.4m fishing port in Rosette city
EGYPT – Egypt is beefing up its activities in the fishing industry through the expansion of fishing infrastructure in the country, which will cement its…
-
Tiger Brands budgets US$6.4m in capital expenditure to mitigate the impact of power cuts in second half of its financial year
SOUTH AFRICA – Tiger Brands, one of the biggest food producers in Africa, has allocated 120 million rand (US$6.4 million) in capital expenditure for the…
-
Private investor inject US$4.8m into construction of new coconut processing plant in Mozambique
MOZAMBIQUE – A private investment firm in Mozambique has broken ground on a US$4.8 million coconut processing plant in Zambézia Province, an extensive coconut belt…
-
Diageo invests US$27m in tripling production of Guinness 0.0 in Dublin
IRELAND – Diageo’s Guinness has invested €25 million (US$27.25m) in a new facility at St. James’s Gate in Dublin, Ireland, to triple production of its…
-
Kenya to bolster capacity of state owned dairy New KCC in push to boost fortunes for farmers
KENYA – Kenyan government is set to reform the dairy sub-sector through the modernization of one of the leading dairy processor in East and Central…