Investments News

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Investors tap into new cities in mall development

NIGERIA – A new dimension to the growth of the retail segment of the property market in Nigeria is fast evolving, with local and international investors shifting focus from the traditional cities of Abuja, Lagos and Port Harcourt to other locations where demand and consumer spend are seen to be growing.

Pizza Hut returns to South Africa

SOUTH AFRICA – YUM! Brands’ Pizza Hut chain is returning to South Africa after a six-year absence with a new focus on delivery meals and a plan to use the country as a platform to enter other parts of the continent.

Investor-confidence grows as Sona Agro Allied Foods expands production facility

NIGERIA – As a demonstration of confidence in the Nigerian economy, part of efforts to respond to growing demand, and strategy to deepen its market share, Sona Agro Allied Foods, a leading manufacturer of biscuits, cream wafer, seasoned puff corn, multi cereal bars in Nigeria, recently boosted its biscuits production capacity with the installation of a new soft and hard biscuits production lines from Europe.