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African News Divestments, Investments & Funding Latest News

Nigerian SMEs to access grant opportunities through NASSI, Seven-Up Partnership

NIGERIA – Small and medium-sized enterprises (SMEs) across Nigeria are set to benefit from a newly announced funding initiative by the Nigerian Association of Small-Scale

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Mamuda Group to invest US$50M in Ogun State as legal battle with Rite Foods resurfaces

NIGERIA — Nigerian fast-moving consumer goods (FMCG) manufacturer Mamuda Group is set to invest US$50 million in Ogun State through a phased development strategy, beginning

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Daybreak Foods enters business rescue as  financial woes mount

SOUTH AFRICA  – South African poultry producer Daybreak Foods has officially entered business rescue after years of operational turmoil, financial mismanagement, and leadership instability.  The

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AfDB greenlights US$32M credit guarantee to bolster Zambeef’s expansion plan in Zambia

ZAMBIA – The African Development Bank Group (AfDB) has approved a Zambian Kwacha-denominated risk-sharing credit guarantee worth approximately US$32 million (ZMW 800 million) to support

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DRC launches first agricultural projects under US$440M transformation program at Macfrut 2025

RWANDA – The Democratic Republic of Congo (DRC) has officially initiated the first two projects under its Agricultural Transformation Programme (ATP), marking a new phase

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Maersk opens advanced warehouse facility in Senegal to strengthen West African logistics network

SENEGAL – Maersk has officially launched a new, state-of-the-art warehousing facility in Dakar, Senegal, further expanding its logistics capabilities across West Africa.  The new site,

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Nigeria launches ‘Green Money Project’ to boost agricultural productivity

NIGERIA — The Federal Government has launched the Green Money Project, a youth-centred agricultural programme aimed at improving food security, creating employment, and introducing digital

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African Originals expands into Uganda, launches new 5.8 Gin & Tonic range

KENYA – African Originals, the Kenya-based craft beverage company, has expanded its regional footprint with the launch of its premium craft cider range in Uganda. 

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Kenya secures US$430M in Chinese agricultural investment to boost food production

KENYA –  Kenya has secured agricultural investment deals worth approximately US$430 million from Chinese companies, a move aimed at enhancing food production capacity and attracting