KENYA – Danish Brewing East Africa Limited, a subsidiary of Bounty Global Management DWC LLCeill will be setting up a US$45 million (KSh4.59 billion) plant at the Naivasha Industrial Park, Kenya. While more than 100 […]
TANZANIA – Jumia, leading e-commerce player in Africa ceased operations in Tanzania on Thursday, November 27th as it continues to review its portfolio. Jumia said it would continue to serve vendors and customers via its […]
EGYPT – Symrise, a German flavours and fragrances specialist has inaugurated its Creative Center in the outskirts of Cairo, Egypt comprising of modern development and application laboratories for taste solutions. Symrise will utilize the facility […]
NIGERIA – The Nigerian Stock Exchange has delisted the entire issued share capital of Dangote Flour Mills Plc from its listing effective Monday, 18 November 2019. The statement issued by the Nigerian bourse read in […]
KENYA – A Kenyan specialty coffee auction has been launched in America, with a capacity of 38,000 tonnes to sell Kenya’s top coffee grades AA, AB and PB directly to the US with all the […]
IVORY COAST – The African Development Bank (AfDB), in collaboration with The United Nations Economic Commission for Africa (ECA) and the African Union Commission (AUC) under the auspices of the Joint Secretariat Support Office (JSSO), […]
CONGO – The Board of Directors of the African Development Bank have approved a loan of US$80.75 million for the Republic of Congo to set up agricultural value chains for the benefit of more than […]
CHINA – Hongjiu Fruit, which operates across the fruit supply chain in Asia, has secured US$71 million (500 million yuan) in funding as part of its Series C round led by the CMC Capital Partners. […]
CHINA – Chinese dairy giant, Mengniu Dairy has agreed to buy Kirin Holdings Co.’s Australian beverage unit Lion Dairy & Drinks for about 45.6 billion yen (US$419 million). The deal includes all white milk, milk-based […]
SWITZERLAND – Tetra Pak, together with its supplier Braskem, has launched the first sustainable food and beverage packaging made from plant-based polymers using the Bonsucro standards for sustainable sugar cane. The launch forms yet another […]
