RWANDA – The Agricultural Public-Private initiative of Rwanda has received funding worth Rwf18 billion (US$19m) from the Netherlands to support the professionalisation of maize and potato value chain and rehabilitation of tea estate. The projects […]
CAMEROON – French retail group Carrefour has opened a new store in Yaounde Cameroon in the framework of its expansion in Sub-Sahara Africa in partnership with CFAO retail. This is the second Carrefour store opened […]
ZIMBABWE – National Foods, Zimbabwe’s leading flour and food producer has invested US$2.5 million into a plant for the production of breakfast cereals in bid to diversify its product range. The breakfast cereal manufacturing plant […]
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 […]
ANGOLA – The World Bank in collaboration with the French Development Agency, AFD (Agence Française de Développement) will avail an overall US$230 million in November, for the financing of projects to boost local production and […]
MALI – Moringa SCA SICAR, an impact investment fund dedicated to agroforestry projects in sub-Saharan Africa and Latin America, has taken a 46% stake in SOBEMA (Société des Boissons and Mineral Waters of Mali) a […]
KENYA – The Competition Authority of Kenya (CAK) has approved the 50:50 joint venture deal between KFC’s East African franchise owner and the regional fuel and motor oil marketer Vivo Energy which will see KFC […]
ZAMBIA – Zambeef, one of the largest integrated cold chain food producers with operations in Zambia, Nigeria and Ghana has entered into a binding Sale and Purchase Agreement (“SPA”) with Chenguang Biotech (Zambia) Agri-Dev Limited […]
ZIMBABWE – The Zimbabwe Asset Management Company (ZAMCO) is planning at disposing its 57.4% stake in Star Africa corporation limited, manufacturing and marketing sugar-based products under the brand names, Goldstar Sugar and Country Choice Foods. […]
NIGERIA -The Central Bank of Nigeria (CBN) has committed about N30 billion (US$82m) to enhance Oil-palm production in the country aimed at closing the demand gap of palm oil which currently stands at 1.25million metric […]
