Divestments, Investments & Funding

Nigerian consumer goods market sees growth

NIGERIA - The consumer goods sector on the Nigerian Exchange has reached a total market capitalization of N11.1 billion (US$7.4…

2 months ago

Nampak sells Bevcan Nigeria to Alucan Investment for US$68.5M

NIGERIA - South African packaging giant Nampak has finalized the sale of its Nigerian subsidiary, Bevcan Nigeria, to Singapore-based Alucan…

2 months ago

Nigeria partners Brazil to modernize livestock sector with US$2.5B investment

NIGERIA - The Nigerian government has entered into a partnership with Brazil to enhance the country’s livestock sector through advanced…

2 months ago

West Sugar begins revival of Mumias Distillery, Co-Gen plants

KENYA - West Sugar Company has embarked on reviving the distillery and co-generation plants at Mumias Sugar Company Limited in…

2 months ago

Pret A Manger to open first South African store at Melrose Arch

SOUTH AFRICA - British multinational sandwich and coffee shop Pret A Manger is set to make its debut in South…

3 months ago

BUA Foods reports strong growth in 2024

NIGERIA – BUA Foods Plc has posted impressive financial results for the 2024 fiscal year, with revenue more than doubling…

3 months ago

Pluri expands into cell-based chocolate with US$6.5M investment

ISRAEL - Israeli cellular agriculture firm Pluri has secured a US$6.5M investment and is set to acquire a majority stake…

3 months ago

NAFDAC shuts down Aba Cemetery Market over counterfeit wine, beverage production

NIGERIA - The National Agency for Food and Drug Administration and Control (NAFDAC) has, for the second time, shut down…

3 months ago

Kenya launches US$1.3M initiative to boost milk safety

KENYA – The Kenya Dairy Board (KDB) has publicized a four-year initiative aimed at transforming the country’s informal dairy sector…

3 months ago

Join the Future of Food and Livestock at FLIP 2025

KENYA - Foodpreneurs Hub is proud to announce its partnership with the Future Food Livestock & Poultry Expo (FLIP) 2025,…

3 months ago