Investments & Funding
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KFC Morocco plans open 10 more outlets in 2023 in ambitious expansion drive
MOROCCO – KFC Morocco has announced plans to open ten new restaurants in different cities of the Kingdom by the end of 2023 in an…
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KTDA sets up new specialty tea factory in Kiambu
KENYA – Kenya Tea Development Agency (KTDA) has invested Sh130 million (US$0.95m) in building a new specialty tea (white and purple varieties) processing factory in…
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Ethiopia seeks self-sufficiency in sugar production
ETHIOPIA – Ethiopia, a landlocked country in the Horn of Africa, has outlined an ambitious plan of increasing sugar production from the current 3.6 million…
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Two new mills to be installed in Nzoia Sugar Company to boost production
KENYA – Speaking on behalf of the Kenyan Government, National Assembly Speaker Moses Wetang’ula said the government will install a new and modern mill at…
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Dairibord invests US$3.6m in solar power, water projects to tackle shortages in essential utilities
ZIMBABWE – Zimbabwe’s largest dairy processor, Dairibord Holdings, has invested US$3.6 million in solar power and water projects to address a rocking shortage of essential…