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- January 23, 2025
Divestments, Investments & Funding
Diageo partners Celebr-8 Lyfe to expand Nigeria’s premium spirits market
NIGERIA – Diageo, a global leader in the premium spirits industry, has entered into a partnership with Celebr-8 Lyfe to enhance the availability of Diageo’s
Rwanda embarks on national fish breeding centre to reduce imports
RWANDA – The Rwanda Agriculture and Animal Resources Board (RAB) is constructing a state-of-the-art national research and breeding centre aimed at enhancing local fish production
Luxmi Tea Co. acquires Rwanda’s Sorwathe Ltd
RWANDA – Luxmi Tea Co. Pvt. Ltd, a global tea industry giant, has acquired Sorwathe Ltd, one of Rwanda’s oldest and most reputable tea companies.
Rwanda begins construction of post-harvest facilities to curb crop losses
RWANDA – Rwanda’s Ministry of Agriculture and Animal Resources has initiated the construction of post-harvest drying facilities across five centers, aiming to drastically reduce post-harvest
Heineken expands horizons in Taiwan’s evolving alcohol market
TAIWAN – Heineken, the Netherlands-based brewing giant, has announced its foray into Taiwan’s non-beer alcoholic beverage market. With a product lineup that includes sparkling wines
Liberia, IFAD sign US$5.3M grant agreement to strengthen agricultural resilience
LIBERIA – The Government of Liberia and the International Fund for Agricultural Development (IFAD) have signed a €5 million (US$5.2 million) grant agreement aimed at
Shoprite Group launches GetPaid, enhancing small business payments
SOUTH AFRICA – The Shoprite Group has unveiled GetPaid, a new digital platform designed to streamline invoicing and payments for small businesses. This self-service platform
Kenya lifts temporary ban on macadamia exports
KENYA – The Kenyan Ministry of Agriculture has temporarily lifted its ban on the export of raw (in-shell) macadamia nuts, granting exporters a 30-day window
Hapag-Lloyd establishes new office in Kampala, strengthening presence in East Africa
UGANDA – Hapag-Lloyd, a global leader in liner shipping, has officially inaugurated its new office in Kampala, Uganda, marking a strategic expansion into East and
South Africa’s wine industry pushes back against proposed excise tax hike
SOUTH AFRICA – South Africa Wine, the national organization representing the country’s wine grape producers and industry stakeholders, has voiced strong opposition to the government’s