Investments & Funding
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Ethiopia launches US$231m sugar factory, appoints Ernst & Young to oversee privatization of state-owned sugar plants
ETHIOPIA – The Prime Minister of Ethiopia, Abiy Ahmed has inaugurated the long-waited Tana Beles Sugar Factory one, constructed in the Amhara regional state. Delayed…
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UK adopts plan to attract more investments in plant science, health and nutrition
UK – The United Kingdom’s Department for International Trade (DIT) has backed a new proposal to market the UK counties of Norfolk and Suffolk as…
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South African Breweries rekindles hope for SA market, plans to invest US$147m in plant upgrades
SOUTH AFRICA – South African Breweries (SAB), subsidiary of AB InBev, has now walked back on its investment plans in the South African economy, announcing…
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Cacique to build new dairy processing facility in US to meet rising demand
TEXAS – Cacique, a leading Hispanic food company in the US, has inaugurated the construction of a new dairy processing facility in Texas, US to…
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Kenyan industrial conglomerate Devki Group drops out of Mumias Sugar leasing plan, dampening miller’s revival plan
KENYA – Devki Group of Companies, industrial manufacturing giant in Kenya, has withdrawn its bid to lease the troubled Mumias Sugar Company. The Founder and…