Private Equity firm Agri-vie acquires 36.5% stake in Jumbo Brands

SOUTH AFRICA – Agri-Vie Fund II, a private equity fund and subsidiary of EXEO, has acquired a 36.5% stake in South Africa’s non-alcoholic beverage manufacturer, Jumbo brands. Avril Stassen, Senior Partner at EXEO Capital, revealed […]

Nigeria Bottling Company set to complete production of eco-friendly bottles

NIGERIA – The Nigerian Bottling Company (NBC) Limited has unveiled plans of completing its production of eco-friendly bottles which started in 2008 alongside with increasing its production capacity across various operations this year, reports Vanguard. […]

Tanzania embarks on campaign to promote local wine

TANZANIA – Tanzania has embarked on a campaign to promote local wines dubbed as “Mkeka na Mvinyo” in it seeks to unlock the sectors potential, reports IPP MEDIA. Speaking during the launch of the campaign […]