Chemelil to generate 3MW of power to cut costs
KENYA – Chemelil Sugar Company is set to generate its own electricity after successfully installing new turbines at a cost of Sh105 million.
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Read MoreNigerian Breweries, Consolidated Breweries finalise merger as SEC gives approval
NIGERIA – The management of Nigerian Breweries plc has confirmed that its merger with Consolidated Breweries plc has now been finalised with effect from December 31, 2014.
Read MoreMixed bag for EAC economies in 2015 as IMF projects growth
EAST AFRICA – East Africa’s economies are expected to continue registering growth this year largely driven by sustained national and regional infrastructure investment and buoyant service and agricultural sectors.
Read MoreFood production increased 21m MT in 2014
NIGERIA – National food production increased by 21 million metric tons in 2014, according to figures released by the Federal Ministry of Agriculture and Rural Development.
Read MoreBack to business for Witvlei Meat, says Sidney Martin
NAMIBIA – “Witvlei Meat is not for sale. Let me make it clear to all those gossipers out there. Witvlei Meat will start with operations soon and we will fill our quota of 350 metric tons for the Norwegian beef market easily within the required time,” was the response from managing director of Witvlei Meat, Sidney Martin, about the talks doing the rounds that Witvlei Meat is about to be sold.
Read MoreFood Safety Summit Africa Conference and Expo
Food Safety Summit Africa Conference and Expo Food Safety Summit Africa Conference and Expo is the leading food, agro and feed industry event. Covering the entire farm to fork value chain and focused on Africa, this is the event...
Read MoreStarafrica Corporation narrows losses
ZIMBABWE – Starafrica Corp has narrowed its loss to $3,2 million for the six months ended September 30 2014 compared to $5,2 million recorded same period last year after it managed to reduce finance costs.
Read MoreNew print, packaging company to launch
ETHIOPIA – A new Ethio-Italian company is to join the print and packaging industry in Ethiopia. The company is owned by the Italian NewBox S.P.A and Ethiopian investor Alemayehu Negussie.
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Delta’s Gowero appointed to Nampak board
ZIMBABWE – Delta Corporation (Delta)’s chief executive Pearson Gowero has been appointed to Nampak Zimbabwe Limited (Nampak Zim) board following the merger of Hunyani, CarnaudMetalbox and MegaPak.
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