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African News Divestments, Investments & Funding Latest News

Manzi Water announces national expansion as access to clean water in South Africa worsens

SOUTH AFRICA – Manzi Water has unveiled plans to open seven new outlets across six South African provinces, extending its footprint amid mounting concerns over

African News Latest News Mergers, Acquisitions & Partnerships

Nigeria’s coffee, tea sector gains boost through new RMRDC–NACOFTAN partnership

NIGERIA – The Raw Materials Research and Development Council (RMRDC) and the National Coffee and Tea Association of Nigeria (NACOFTAN) have formalized a collaborative framework

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Kenya bans tea hawking in sweeping industry crackdown to curb quality decline

KENYA – The Government of Kenya has intensified regulatory oversight over the tea sector by banning the hawking and roadside collection of green leaf, in

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Kerry Group opens taste manufacturing facility in Rwanda 

RWANDA – Irish ingredients giant Kerry Group has inaugurated its first taste manufacturing facility in Rwanda, a move in expanding its presence across East Africa. 

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Diageo sells Seychelles Breweries stake to Phoenix Beverages for US$80M

SEYCHELLES – Diageo has agreed to sell its 54.4% majority stake in Seychelles Breweries Limited (Seybrew) to Phoenix Beverages, a subsidiary of Mauritius-based IBL Group,

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Three Nigerian startups secure US$628,000 to advance circularity under TRANSFORM West Africa Initiative

NIGERIA – Three Nigerian enterprises have secured grant funding under the TRANSFORM West Africa programme—an impact accelerator backed by Unilever, the UK Foreign, Commonwealth &

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Zetech University trains over 50 poultry farmers in Kiambu County

KENYA – More than 50 small and medium-scale poultry farmers from Kiambu County have completed a four-week intensive training programme organized by Zetech University.  The

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FAO launches US$200M land restoration initiative for cocoa, oil palm cultivation in Nigeria

NIGERIA – The Food and Agriculture Organization (FAO) has announced plans to restore 18,000 hectares of degraded land in Cross River and Ondo states, targeting

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Premier Foods Limited recognized as Kenya’s Most Preferred Food Manufacturing Company

KENYA – Premier Foods Limited (PFL), the manufacturer behind the renowned Peptang, PEP, and Orchid Valley brands, has been named Kenya’s Most Preferred Food Manufacturing

African News Latest News Mergers, Acquisitions & Partnerships

Fresh Del Monte enters avocado oil market with Avolio acquisition

UGANDA – Fresh Del Monte Produce Inc. has acquired a majority stake in Avolio, a Uganda-based supplier of bulk crude and cold-pressed avocado oil.  The