Investments & Funding
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PepsiCo’s Frito-Lay announces US$200m investment in US snack facility expansion
US – Frito-Lay, a division of US snack and beverage giant PepsiCo, has announced an investment of US$200 million into the further expansion of its Rosenberg…
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JBS bounces back from cyber attack, announces major investments in US, Australia
US – World’s largest meat producer JBS has come out strong from a cyber attack that almost paralyzed its North America and Australia operations, announcing major investments in the…
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Ivory Coast to add value to cocoa waste, invests US$244m in cocoa-powered bio-diesel plant
IVORY COAST – Ivorian specialist in the biomass sector, Société des Energies Nouvelles (SODEN), has partnered with US Trade and Development Agency to establish a…
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Bakhresa Group nears completion of first phase of US$300m Bagamoyo Sugar Limited in Tanzania
TANZANIA – Said Salim Bakhresa Ltd, the flag-ship company of the Bakhresa Group, has announced that the first phase of the US$300 million Bagamoyo Sugar…
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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…