Investments & Funding
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MANE opens new production base in Pinghu to boost Chinese market development
CHINA – MANE, one of the worldwide leaders in the fragrance and flavor design industry, has inaugurated a new factory located in Pinghu, Zhejiang, positioning…
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Carlsberg allocates US$44m investment to Ukraine operations for 2023
UKRAINE – Danish multinational brewer, Carlsberg Group, has planned to invest 1.5 billion hryvnias (US$44 million) in Ukraine this year to increase its production capacity,…
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PepsiCo expands production sites of Lay’s potato chips in AMESA region, opens new site in Bangladesh
BANGLADESH – Food and beverage major PepsiCo has installed a new manufacturing unit dedicated to making the iconic Lay’s potato chips in Bangladesh. The “Lay’s…
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Java Foods to set up US$6.5m facility in Zambia’s Multi-Facility Economic Zone
ZAMBIA – Java Foods Limited, a leading food processing company in Zambia, has concluded a US$6.5 million expansion investment deal with the Lusaka South Multi-Facility Economic…
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Unilever East Africa opens US$3.5m automated warehouse facility to boost products supply
KENYA – Unilever East Africa has inaugurated a Sh500 million warehouse facility that is designed to flexibly handle high-mix, health, and beauty products across East…