Investments & Funding
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Local Zambian investor opens maize milling plant, eyes DRC export market
ZAMBIA – Zambia based OTH Kalume Agric Implements and Mechanical Services, has opened a K2.5 million milling plant in Kabwe, with a production capacity of…
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European investors back FEFISOL II fund dedicated to pumping money into Africa’s agriculture sector
AFRICA – Financial and economic inclusion promoters, SIDI and Alterfin, have announced the close of its newly formed fund, FEFISOL II, dedicated to financing African…
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CCBA cuts ribbon to US$100m bottling plant in Ethiopia to ease foreign exchange constraints
ETHIOPIA – Coca-Cola Beverages Africa has opened a new US$100 million bottling plant at Sebeta in Ethiopia, to boost local production. The new plant will…
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Shoprite Group expands solar capacity with installation of new systems
SOUTH AFRICA – The Shoprite Group is increasing its use of renewable energy with installation of additional rooftop solar PV (photovoltaic) systems at its Checkers…
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Arla builds US$204m facility in Germany to meet demand for sustainable and nutritious dairy products
GERMANY – Danish multinational dairy cooperative, Arla Foods has committed €190 million (US$204 million) investment to a production facility in Germany in order to meet…