KENYA – A number of multinational packaging companies, quite a number from the United States, are in the country seeking opportunities in the food processing business.
KENYA – Sony Sugar Company needs Sh12 billion for expansion that will see the Migori-based miller venture into electricity and ethanol production.
ZAMBIA – Global Group of Companies will in the next four years invest US$400 million in its vegetable oil seed farm and crude oil processing plant in Lufwanyama and Ndola, respectively.
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.
KENYA – When the Wondernuts International processing factory was opened in Athi River last week, the event was not marked with pomp and colour like most that are graced by top politicians.
IVORY COAST – Dutch farming cooperative Royal FrieslandCampina, one of the five largest dairy companies in the world, said on Monday it will buy the Ivory Coast dairy businesses of Singapore’s Olam International.
ZAMBIA – Chitungwiza-based cooking oil manufacturer, Surface Investments has finished installing a new bottling plant, resulting in production rising from 3 million to 4,5 million litres a month.
ZIMBABWE – Alpha Omega Dairy expects to increase production of its Munandi Lacto four-fold to two million litres per month from next month following the arrival of new equipment to be commissioned “soon”.
SOUTH AFRICA – Distell Group has earmarked more than R500m for investments into various African countries and it will partly fund the war chest through a cost saving and supply chain efficiency programme, the liquor group said on Monday.
AFRICA – Rapid economic growth, coupled with discovery of large deposits of oil and gas, are likely to see both Nairobi and Dar es Salaam join the top 10 “super cities” of Africa by 2030, according to a new report.