Investments & Funding
-
Kraft Heinz to invest US$198m in expanding manufacturing capabilities of UK facility
UK – Kraft Heinz, the fifth-largest food and beverage company in the world, has announced plans to invest £140 million (about US$197.7m) in expanding and…
-
Ethiopia beefs up edible oil production with launch of new US$114m processing plant
ETHIOPIA – WA Group, Ethiopian multi-sectoral company has set the turbines rolling at its newly built Birr 5 billion (US$114m) edible oil processing plant. The…
-
Seed Co to boost production capacity in Tanzania with US$4.3m investment in new seed processing plant
TANZANIA – Seed Co. Tanzania, the subsidiary of regional seed producer Seed-Co Group, is seeking to establish a new seed processing factory in Iringa, Central…
-
Zambia’s agriculture industry gets US$80m boost from Chinese firm Zhong Yang Eco-Agriculture Industry Park
ZAMBIA – Chinese firm, Zhong Yang Eco-Agriculture Industry Park, has signed a US$80 million Investment Promotion and Protection Agreement (IPPA) with the Zambia Development Agency…
-
Flour Mills of Nigeria expands investment in Nigeria’s sugar industry as Shell Nigeria ventures into cassava processing
NIGERIA – Flour Mills of Nigeria Plc (FMN), has announced the acquisition of 20,450 hectares of land in Nasarawa State, to boost the backward integration…