Investments & Funding
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Kakuzi Plc to strengthen business with earmarked US$3.7m capital injection
KENYA – Kenyan integrated agri-business firm, Kakuzi Plc, has announced that it will invest more than Ksh400 million (US$3.7m) in capital expenditures (CAPEX) this year,…
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South African premium food maker In2food opens state-of-the-art manufacturing facility
SOUTH AFRICA – In2food, a premium prepared food and beverage business in South Africa has expanded its production capacity with the construction of the new…
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Illovo sugar doubles sugar production in Tanzania, commences US$238.5m expansion project
TANZANIA – Illovo Sugar Africa, a Pan-African consumer centric agri-business with roots in growing and making sugar and related products, has announced the commencement of…
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New agro-industrial park worth US$27.95m to be established in Kenya’s Lake Region Economic Bloc
KENYA – The United Nations Industrial Development Organization, a specialized agency of the United Nations focused on economic and industrial development, is supporting the construction…
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PepsiCo’s snack division Frito-Lay to invest US$245m in expansion of US manufacturing site
US – PepsiCo’s snack division Frito-Lay, has announced plan to invest US$245 million to expand its snack manufacturing site in Connecticut, US. The Frito-Lay’s Killingly…