Pernod Ricard launches Seagram’s Imperial Blue whisky into the Ghanaian Market

GHANA – Pernod Ricard Ghana has added Seagram’s Imperial Blue whisky to its portfolio, as part of the beverage giant’s ambitions of becoming the leader in the mainstream spirits market among the emerging middle class […]

Nestle Nigeria headquarters reopened after agreement to pay disputed lottery fees

NIGERIA – The federal government of Nigeria through the National Lottery Regulatory Commission (NLRC) has unsealed Nestlé Nigeria Plc headquarters, which was recently shut for alleged breach of National Lottery Act, 2005 and National Lottery […]

Simbisa Brands full year profits increases 134% amid economic hardships

ZIMBABWE – Zimbabwe’s Quick service restaurant (QSR) group, Simbisa Brands Limited’s profit for the year ended June 30, 2019 jumped by 134% to US$32 million despite a decline in total customer count. Zimbabwe, which is […]

Liberia Agricultural Commodity Regulatory Authority revises cocoa regulations

LIBERIA – The Liberia Agricultural Commodities Regulatory Authority (LACRA) has revised the cocoa regulations governing the sector to suit local exporters. This follows the Senate issuing a directive to the regulatory body to revise the […]

Nigerian Breweries to undertake major expansion project at Enugu Brewery

NIGERIA – Nigerian Breweries Plc has concluded plans of expanding its operational capacity in Enugu State through the introduction of a multi-million US dollars business project awaiting its board approval. The company’s Managing Director, Jordi […]

Zeder shareholders to rip big upon completion of Pioneer Foods buyout

SOUTH AFRICA – Agribusiness and food-focused investment group Zeder expecting subdued value growth in the rest of its financial year, is set to return capital to shareholders and invest in new opportunities if the sale […]

Agritech start-up secures a loan facility for expansion of precision agriculture solutions

KENYA – Lantera a Kenyan agri-tech startup has obtained a loan facility of an undisclosed amount from Kenya Climate Innovation Center (KCIC) to enable it to meet its early targets as it prepares to raise […]

Ethiopian firm invests US$20m in two water bottling plants

ETHIOPIA – A local Ethiopian investment firm, Gold Group has built two water bottling plants in separate parts of Oromia Regional State, Southern Ethiopia worth 600 million Br (US$20m) investment. Gold Group has set up […]