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- April 17, 2025
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, reaching N958.81 billion (US$638.67M), compared
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 farming skills, as the country
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 protect poultry against Marek’s disease,
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 formulated to cater to athletes
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 transitioned from her role
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 processing facility in Mityana district.
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 Development Bank Group (AfDB) and
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 finance the construction of its
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 café in Cairo. The café,
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 implement a large-scale initiative aimed