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New plant in Togo to boost red oil, palm kernel oil production

TOGO — Construction has begun on a semi-industrial plant in Tchékpo Dédékpoè, located in Yoto 2 municipality, 70 kilometers from Lomé, with the goal of

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Libstar shifts focus to food manufacturing

SOUTH AFRICA – South African FMCG manufacturer Libstar has announced a strategic pivot, exiting its non-food sectors to fully concentrate on producing affordable, value-added food

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Coca-Cola invests US$50 million in new high-capacity bottling line in Namibia

NAMIBIA – Coca-Cola Beverages Africa (CCBA) has committed US$50 million towards a new bottling line in Namibia, a major upgrade that enhances production and boosts

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OmniRetail expands reach with launch of 50th OmniHub Franchise in Lagos

NIGERIA – OmniRetail, a Nigerian B2B grocery buying platform, has opened its 50th OmniHub franchise outlet in Ijora, Lagos.  This milestone marks a notable step

African News Divestments, Investments & Funding

Rwanda seeks US$785 million in agribusiness investment

RWANDA – Rwanda’s agricultural sector is opening up new investment opportunities worth US$785 million as part of the FAO’s Hand-in-Hand Initiative.  In a recent announcement,