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African News Divestments, Investments & Funding Latest News

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

African News Latest News Trade, Imports & Exports

Varun Beverages expands local milk procurement in Zambia

ZAMBIA – Varun Beverages Zambia has announced plans to increase its procurement of raw milk from local dairy farmers, stepping in to fill the supply

African News Latest News New Products

BigTree Beverages introduces FIT by Vatra: New entrant in Zambia’s growing sports drink market

ZAMBIA – BigTree Beverages Ltd, a subsidiary of the Trade Kings Group, has launched FIT by Vatra, a sports drink formulated to cater to athletes

African News Divestments, Investments & Funding Latest News Uncategorized

Lactalis to close Zambia factory, transitioning to import model 

ZAMBIA – French dairy giant Lactalis has announced the closure of its factory in Zambia, effective 31 March 2025.  The company will transition to an