WEST AFRICA – Global agribusiness company, Cargill will be investing over US$113 million to expand its cocoa processing sites in Yopougon, Ivory Coast and Tema, Ghana. The company is planning to invest US$100 million to […]
SOUTH AFRICA – Grand Parade Investments (GPI), the master franchise holder for Burger King in SA, is in talks with an unnamed buyer to offload a majority stake in the local operations of the US […]
SOUTH AFRICA – Choppies Group has offloaded its South Africa stores and distribution centres to King Investments following the launch of open bids for its 88 stores in October to settle its outstanding debt. In […]
SOUTH AFRICA – The current head of Taste’s luxury food division, Duncan Crosson, has been appointed as the new CEO of Taste Holdings following the exit of Dylan Pienaar as CEO. Pienaar stepped down after […]
ZIMBABWE – PHI Commodities, subsidiary of National Foods Limited has committed to fund over 20 000 hectares of both maize and wheat production under contract farming during the 2019/2020 summer cropping season. This is in […]
SOUTH AFRICA – Cape Town-based investor Silvertree Holdings has invested R5 million (US$0.34 million) in return for a majority stake in former OrderIn co-founder Heini Booysen’s new Darth kitchens business. Also known as a “ghost […]
SOUTH AFRICA – South Africa based water technology company, Aqua Air has launched Africa’s first atmospheric water generating plant in Pretoria aimed at tackling the critical scarcity of potable water in South Africa. The plant, […]
NIGERIA – The Federal Government on Monday entered into an agreement with a Russian firm, Uralchem, on fertiliser production in Nigeria. The signing which was done under the Presidential Fertiliser Initiative (PFI) will see Russia […]
KENYA – Edible oils manufacturer, Bidco Africa, has teamed up with American conglomerate Land O’Lakes to invest KSh1.2 billion (US$12m) in the upgrade of an animal feed factory in Nakuru, Central Kenya. According to Business […]
KENYA – Tumoi Tea, a Kenyan speciality tea processor start up has bagged US$10,000 seed capital from Sinapis, a global business accelerator during their annual business plan competition held in Nairobi, Kenya. Tumoi Teas produces […]
