Divestments, Investments & Funding

Nestlé Nigeria reports 75% revenue surge amid inflation, currency pressures

NIGERIA - Nestlé Nigeria Plc has recorded a 75% increase in revenue for the financial year ending December 31, 2024,…

1 month ago

Burkina Faso launches US$200M agricultural training program to boost food security

BURKINA FASO - Burkina Faso has initiated a large-scale agricultural training program aimed at equipping 8,000 young people with essential…

1 month ago

Boehringer Ingelheim introduces trivalent poultry vaccine in Egypt

EGYPT - In a development for poultry health management, Boehringer Ingelheim has launched VAXXITEK HVT+IBD+H5, a trivalent vaccine designed to…

2 months ago

BigTree Beverages introduces FIT by Vatra: New entrant in Zambia’s growing sports drink market

ZAMBIA - BigTree Beverages Ltd, a subsidiary of the Trade Kings Group, has launched FIT by Vatra, a sports drink…

2 months ago

Diageo appoints Hina Nagarajan as President of Africa

AFRICA - Diageo has appointed Hina Nagarajan as the new President of Diageo Africa, effective April 1, 2025. Nagarajan, who recently…

2 months ago

EU expands investment in Uganda’s coffee sector with US$654,000 processing facility

UGANDA - The European Union (EU) has intensified its investment in Uganda’s coffee sector with the commissioning of a new…

2 months ago

AfDB, Standard Bank collaborate to enhance SMME financing and boost African trade

AFRICA - In a move to bolster small, medium, and micro enterprises (SMMEs) and enhance trade across Africa, the African…

2 months ago

Pulpex secures US$78.6M Series D funding to establish first commercial fibre-bottle plant in Glasgow

UK - Pulpex, the sustainable packaging technology company, has announced a US$78.6 million (£62 million) Series D investment round to…

2 months ago

The Cheesecake Factory expands to Egypt with new Cairo Café

EGYPT - American quick-service restaurant (QSR) brand The Cheesecake Factory is set to enter the Egyptian market with a new…

2 months ago

AGRA, GCF join forces to curb food loss and strengthen climate resilience in Africa

AFRICA - The Alliance for a Green Revolution in Africa (AGRA) has partnered with the Green Climate Fund (GCF) to…

2 months ago