Investments & Funding
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Varun Beverages Zimbabwe rumps up production launching new production line
ZIMBABWE – Varun Beverages Zimbabwe Private Limited (VBZPL), soft drinks manufacturer has commissioned a new production line for its Aquaclear bottled mineral water brand. The…
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Establishment of Rwanda’s first powdered milk plant met with setback due to financial constrains
RWANDA – It’s a year since TRIOMF East Africa, a joint venture firm owned by South African and Rwandan investors in collaboration with dairy farmers…
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Zambian agro-processing company sets aside US$23m to invest in food additives processing
ZAMBIA – Zambian agro-processing company Chenguang Biotech Zambia Agri-Dev Limited is seeking to invest US$23 million to cultivate, harvest and process paprika, marigold and stevia.…
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Ethiopian coffee exporter Kerchanshe Trading constructs coffee preparation facilities
ETHIOPIA – Kerchanshe Trading, one of Ethiopia’s largest producers and exporters of coffee is establishing two export coffee preparation facilities at Jimma and Guji Zone.…
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French-owned malting house Soufflet commences production in Ethiopia
ETHIOPIA – The Soufflet Group, a French family-owned business focused on collecting and adding value to agricultural raw materials has kick started test production at…