Divestments, Investments & Funding

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,…

5 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…

5 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…

5 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…

5 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…

5 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…

5 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…

5 months ago

Rwanda seeks US$785 million in agribusiness investment

RWANDA - Rwanda’s agricultural sector is opening up new investment opportunities worth US$785 million as part of the FAO’s Hand-in-Hand…

5 months ago

Pure Ice Cream to boost production with US$21.8M investment in Dubai Industrial City

UAE - In a move to scale production and expand its footprint, UAE-based Pure Ice Cream has announced a deal…

6 months ago