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African News Divestments, Investments & Funding Latest News

Burkina Faso boosts local tomato processing with new factories 

BURKINA FASO – Burkina Faso has taken notable steps to enhance its tomato processing capabilities with the launch of two new factories in Yako and

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Sooyah Bistro opens 12th outlet in Lagos

NIGERIA – Nigerian fast-casual chain Sooyah Bistro has launched its 12th outlet, situated in Yaba, Lagos.  This milestone marks another chapter in the growth of

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AfDB secures US$2.2B for Agro-Industrial Zones in Nigeria to boost agriculture, food security

NIGERIA – The African Development Bank (AfDB) has unleashed plans to release US$2.2 billion in funding for the development of Special Agro-Industrial Processing Zones (SAPZ)

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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

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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.