Investments & Funding
-
Italian company Hebron Plc invests US$1.8m in production of coffee capsules in Ethiopia
ETHIOPIA – Hebron Trading Plc, an Italy headquartered company, has set base in Ethiopia, investing Birr 80 million (US$1.8m) to add value to locally grown…
-
Ethiopian dairy processor KMPI ventures into niche market, builds US$1.6m camel milk processing plant
ETHIOPIA – Khelif Milk Processing Industry (KMPI), a dairy processor in Ethiopia has invested Br 70 million (US$1.6m), in the establishment of a camel processing…
-
Angolan Sunavest Group invests US$15m in paper recycling unit, Ugandan plastic manufacturer lament over rising costs
ANGOLA – Angolan manufacturing giant, Sunavest Group has announced that it’s investing around US$15 million in a paper recycling factory, which is scheduled to commence…
-
Zambian Breweries embarks on long-awaited US$18m expansion plan to meet local demand
ZAMBIA – Zambian Breweries is determined to grow the country’s manufacturing sector despite the harsh economic conditions by investing in projects that stir production and…
-
Guinness Ghana goes green with installation of solar power plant, Diageo’s West African units exhibit stellar performance
WEST AFRICA – Guinness Ghana Breweries has commissioned a solar photovoltaic system on the roof of its brewery in Accra, shifting to use of clean…