Catherine Odhiambo

Afreximbank approves US$200M financing for BUA Industries’ expansion in Nigeria

NIGERIA - The African Export-Import Bank (Afreximbank) has approved a US$200 million Corporate Finance Facility for BUA Industries Limited (BIL),…

2 months ago

ALPLA expands into South Africa with US$63M recycling plant

SOUTH AFRICA – ALPLA, a global packaging and recycling leader, has inaugurated a new PET recycling plant in South Africa,…

2 months ago

New plant in Togo to boost red oil, palm kernel oil production

TOGO — Construction has begun on a semi-industrial plant in Tchékpo Dédékpoè, located in Yoto 2 municipality, 70 kilometers from…

2 months ago

Libstar shifts focus to food manufacturing

SOUTH AFRICA - South African FMCG manufacturer Libstar has announced a strategic pivot, exiting its non-food sectors to fully concentrate…

2 months ago

Serengeti Breweries crowned ‘Manufacturer of the Year’

TANZANIA — Serengeti Breweries Limited (SBL) has been awarded the top honor as Tanzania’s leading alcoholic beverage manufacturer at the…

2 months ago

Naivas records US$14.7M profit amid rising costs, competitive retail market

KENYA - Naivas, Kenya's largest grocery retailer, reported a KSh 1.9 billion (US$13.4 million) profit after tax for the fiscal…

2 months ago

Promasidor appoints Festus Tettey as CEO for ECOWAS

WEST AFRICA - Promasidor Group has announced the appointment of Festus Tettey as its new Chief Executive Officer (CEO) for…

2 months ago

Coca-Cola invests US$50 million in new high-capacity bottling line in Namibia

NAMIBIA - Coca-Cola Beverages Africa (CCBA) has committed US$50 million towards a new bottling line in Namibia, a major upgrade…

2 months ago

OmniRetail expands reach with launch of 50th OmniHub Franchise in Lagos

NIGERIA - OmniRetail, a Nigerian B2B grocery buying platform, has opened its 50th OmniHub franchise outlet in Ijora, Lagos. This milestone…

2 months ago

Nestlé unveils versatile Nescafé classic range for hot and cold coffee drinks

EUROPE - Nestlé has launched a new line of soluble coffee under its Nescafé Classic brand, offering two natural flavors—caramel…

2 months ago