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- January 23, 2025
Investments & Funding
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
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
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
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.
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
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
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
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