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USA– Campbell Soup Company has announced that its Board of Directors has elected Mark A. Clouse, 50, as President and CEO of the company effective Jan. 22, 2019. Clouse to becomes the 14th CEO in Campbell’s […]
KENYA (Reuters)– Africa-focussed private equity firm Emerging Capital Partners has acquired a majority stake in Kenyan restaurant chain Artcaffe Group, the latest sign of growing international private equity investor interest in East Africa. The move […]
ZAMBIA – Zambia Breweries has finalised the sale of its Coca-Cola bottling business to Coca-Cola Beverages Africa (CCBA), as CCBA continues its journey to consolidate its soft beverage bottling operations in Africa. Zambia Breweries, which is […]
NIGERIA- Nigerian Breweries Plc has issued a formal statement confirming Edo State High court ruling against it in the case of Prof Ernest Izevbigie vs. Nigerian Breweries Plc and says that it intends to appeal […]
NIGERIA – The Coca-Cola foundation (TCCF) and The United States Agency for International Development (USAID) through their Water and Development Alliance (WADA) global partnership have commissioned a project to improve access to safe water and […]
UK – The UK government has unveiled a new waste strategy that mandates businesses and manufacturers of packaging to pay the full cost of collecting, recycling or disposing of their packaging waste. Also, supermarkets and […]
AFRICA – French beverages distillery and the world’s second largest wine and spirits company has said that it has invested in Jumia, the leading ecommerce player for an unspecified stake to strengthen its position in […]
KENYA – DOB Equity, a Dutch family-backed impact investor in East Africa has invested in Coconut Holdings Limited, producer and owner of Kentaste range of coconut based products, to help it expand on the fast […]
SUDAN – The African Development Bank (AfDB) has approved a multi-currency loan equivalent to US$75 million to DAL Group Co. Ltd, one of Sudan’s largest food and agriculture business groups. The transaction is expected to […]
UGANDA– Uganda manufacturers association has asked the government to suspend the enforcement of Digital Tax Stamps in a bid to reduce cost of doing business, reports the Monitor. According to the manufacturers, the current business […]