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African News Divestments, Investments & Funding Latest News

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

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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

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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

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Ethiopia secures US$500 million to combat land degradation, bolster food security

ETHIOPIA – The Climate Investment Funds (CIF) has announced its support for Ethiopia’s US$500 million initiative to address widespread land degradation, protect forests, and enhance

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South African deciduous fruit industry launches Centre of Excellence to combat invasive pests

SOUTH AFRICA – The South African deciduous fruit industry has unveiled a Centre of Excellence for pest monitoring, a move aimed at mitigating the growing

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Champion Breweries secures shareholder approval for expansion, compliance measures

NIGERIA – Champion Breweries Plc has gained shareholder approval to issue up to 1,579,058,099 ordinary shares, a move aimed at meeting the Nigerian Exchange Ltd.

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Njunu Tea Factory invests US$2.32M in specialty tea production

KENYA – Njunu Tea Factory in Gatanga sub-county has launched the construction of a new KES 300 million (US$2.32M) facility to diversify into specialty tea

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Heineken to build Dubai’s first major commercial brewery by 2027

UAE – Heineken, in collaboration with Maritime Mercantile International (MMI), has announced plans to construct Dubai’s first major commercial brewery, signaling a shift in the

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JBS signs US$2.5B deal with Nigeria to boost food production

BRAZIL – Brazilian meatpacking giant JBS has signed a memorandum of understanding with Nigeria’s government to launch a US$2.5 billion investment initiative aimed at bolstering

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PepsiCo expands Isando Factory with new potato chip production line

SOUTH AFRICA – PepsiCo South Africa has unveiled a new state-of-the-art potato chip production line at its Isando facility in Johannesburg, following an investment of