Investments & Funding
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Flour Mills of Nigeria expands sugar project with acquisition of additional land
NIGERIA – Flour Mills of Nigeria (FMN), one of Nigeria’s leading foods and agro-allied groups has announced it has acquired an additional 5,200 hectares of…
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BUA Group pumps in US$300m in new integrated sugar company to be completed Q1 2021
NIGERIA – In line with Nigeria’s National Sugar Master Plan (NSMP), BUA Group, a leading food and infrastructure conglomerate has invested over US$ 300 million…
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Rwanda launches new banana alcoholic beverages produced in recently opened US$1.2m factory
RWANDA – Rwanda has commenced operations at its Rwf1.2 billion (US$1.2m), Rwamagana Banana Community Processing Centre, producing banana alcoholic beverages. The factory which set turbines…
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Kerry invests US$36m in Taste facility in Indonesia to bolster response to local consumer preferences
INDONESIA – Leading food ingredients company, Kerry has announced that it will build a second manufacturing facility in Karawang, Indonesia in an effort to increase…
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SIG to build US$48m plant in Mexico to support continued growth in North America
MEXICO – Switzerland-based aseptic carton packaging manufacturer, SIG Combibloc, has announced that it will invest around €40 million (about US$48 million) to construct a new…