Day: July 18, 2017

Dangote to invest US$4.6bn in Nigeria farming

NIGERIA – Dangote Group, controlled by Africa’s richest man, Aliko Dangote, plans to invest $3.8bn in sugar and rice and $800m in dairy production in the next three years as the company seeks to expand and deal with a shortage of dollars in its home market of Nigeria.

Beer firm officials face arrest in EABL keg row

KENYA – A court has allowed police and the Anti-Counterfeit Agency (ACA) to arrest and prosecute senior Platinum Distillers officials and agents over the alleged theft of 50-litre keg barrels from EABL, which detectives say are now being used to refill beer manufactured by the local firm.