Investments & Funding
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Mohammed Enterprises Tanzania Limited to raise bottling capacity to atleast 3 billion bottles in the next 3 years: METL CEO
TANZANIA – The Mohammed Enterprises Tanzania Limited Group (METL), a large, family-owned, diversified group of companies, is set to take on some of the world’s…
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Daring abroad: Uganda to set up coffee shops in Germany and Denmark to aid in sourcing markets for local produce
UGANDA – Coffee being the largest single foreign exchange earner for Uganda since the 1970s, the country has planned to open a coffee shop in…
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Ethiopia’s Bulbula Integrated Agro-Industrial Park gets eight new agri-value chain investors
ETHIOPIA – Eight local and foreign companies have entered into a 1.7 billion Birr deal with the Oromia Industrial Park Development Corporation (OIPDC) to invest…
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IFC supports Kenya’s warehouse receipt system with US$1.9m to encourage private investment
KENYA – The International Finance Corporation (IFC), the largest global development institution focused on the private sector in developing countries, has entered into a Sh237.5…
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Suntory Holdings injects US$76m into renovating two distilleries to meet burgeoning demand for whiskey
JAPAN – Suntory Holdings Limited, a Japanese multinational brewing, and distilling company group, plans to invest 10 billion yen (US$76m) in renovating two distilleries, Hakushu…