Investments & Funding
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Tingo Foods to revolutionize Africa’s food industry with US$1.6bn agri-food processing plant in Nigeria
NIGERIA – Agri-food company Tingo Foods, a wholly owned subsidiary of global FinTech and an agri-FinTech group of companies MICT, has began the construction of…
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CCBA expands production capacity in Africa, steps up youth and women empowerment
AFRICA – Coca-Cola Beverages Africa (CCBA) is investing in expanding its production capabilities by installing a new production line at Coca-Cola Beverages Botswana’s (CCBB) Gaborone…
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Ugandan food processing sector secures US$1.5m government aid to enhance technical and operational capacity
UGANDA – Small and medium-sized enterprises (SMEs) in Uganda’s food and beverage processing sector have been backed by US$1.5 million made available by the Official…
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AfDB, Canada launch fund to support Africa’s small and medium-sized enterprises
AFRICA-The African Development Bank Group (AfDB) and the Canadian government have announced a special fund to support Africa’s small and medium-sized enterprises (SMEs) in the…
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Uganda Breweries Limited commissions US$10.73M production line
UGANDA – Uganda Breweries Limited, a subsidiary of East African Breweries Limited, has commissioned a UGX 39.9 billion (US$10.73 million) production line in an effort…