Investments & Funding
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Kellogg Tolaram cuts ribbon to new instant noodles factory in Eswatini
ESWATINI – Kellogg Tolaram, a joint venture between American Kellogg Company and Singapore headquartered Tolaram Group, has officially inaugurated an instant noodles processing facility in…
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Kenya Breweries Limited to cut carbon emissions with launch of new biomass steam plant
KENYA – Kenya Breweries Limited (KBL), a step-down subsidiary of multinational alcoholic beverage Diageo, through East African Breweries Limited (EABL), has commissioned a biomass steam…
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Trade Kings eyes Zambia’s lucrative milk powder market seeks to invest US$10m in new processing plant
ZAMBIA – Trade Kings Group, Zambia’s leading manufacturer of Fast-Moving Consumer Goods, has revealed plans of investing US$10m in new milk powder spray processing plant.…
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Cloetta plans new confectionery factory in Netherlands in push towards sustainable manufacturing
NETHERLANDS – Swedish confectionery and nuts company Cloetta is planning a new manufacturing plant at an undisclosed location in the Netherlands as part of efforts…
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B2B food distributor in Southern Africa Nile raises US$5.1m equity round led by Naspers Foundry
SOUTH AFRICA – Nile, an agritech company that connects farmers to buyers of fresh produce in Southern Africa, has raised R83 million (US$5.1m) equity round…