Investments, M&A & Funding
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Mali’s biscuit giant SOMABIS plans to double production capacity with a new factory
MALI – The International Finance Corporation (IFC) plans to grant US$4.3M to Société Malienne de Biscuiterie (SOMABIS), an established biscuit manufacturer in Mali, to support…
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Nigeria secures US$163M from AfDB to boost wheat production
NIGERIA – The federal government of Nigeria has obtained a US$163 million loan from the African Development Bank to boost wheat production, World Grains has reported.…
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Bühler India marks three decades with strategic expansion
INDIA- Bühler, a renowned Swiss technology group, has revealed its intentions to expand its manufacturing operations within the country, as it marks its 30th anniversary…
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PepsiCo and General Mills expand footprint in India with new facilities
INDIA- PepsiCo is currently in the process of a new constructing Lay’s potato chip production plant in India, with an estimated investment of US$95 million. …
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Illovo Sugar Malawi donates 103ha to LUANAR for large-scale maize production
MALAWI – Illovo Sugar Malawi Plc, a subsidiary of Associated British Foods plc has donated 103 hectares to Lilongwe University of Agriculture and Natural Resources (Luanar)…