Investments & Funding
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Africa secures US$30bn from Dakar 2 Summit to boost agricultural productivity
AFRICA – Development partners in Africa have agreed to commit US$30bn to back the continent’s resolve to boost agricultural productivity and become a breadbasket for…
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Boost to Ivorian cocoa farmers as three processing factories are to be built in 9 months
IVORY COAST – The world’s leading cocoa producer, Ivory Coast, has signed a pact with China and Saudi Arabia for the construction of three cocoa…
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Diageo sells Filipino cocktail mixer brand Island Mixers, Pernod Ricard looks to automation to optimize operations in India
PHILIPPINES – Diageo Philippines, a unit of Diageo Plc, has divested its cocktail mixer brand Island Mixers to the Keepers Holdings, Inc., the liquor importation…
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Nestlé to invest US$100 in Colombia to increase production capabilities
COLOMBIA – Swiss multinational food giant, Nestlé, will invest US$100 million over the next three years in its Colombian operations, President Gustavo Petro said, building…
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Kenya commits US$3.1billion to finance irrigation projects across the country in four years
KENYA – The Government of Kenya has launched a new roadmap titled National Irrigation Services Strategy that will cost it Sh389 billion (US$3.1 billion) to…