Investments, M&A & Funding
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Afreximbank approves US$400M for phosphatic fertilizers project in Egypt
EGYPT – African Export-Import Bank (Afreximbank) has approved a US$400 million loan to finance a phosphatic fertilizers project in Egypt, implemented by public company El…
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Berg + Schmidt expands footprint in the Middle East with new Dubai subsidiary
UAE- Berg + Schmidt – Animal Nutrition, a Germany-based company that provides feed additives and customer support, has opened a new subsidiary in Dubai. Berg+Schmidt…
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Hillenbrand completes Schenck Process Food and Performance Materials acquisition
USA- Hillenbrand Inc., a diversified industrial company, has acquired Schenck Process Food and Performance Materials (FPM) for an enterprise value of approximately US$730 million. Hillenbrand…
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Unga Group completes installation of US$2M solar units in sustainability drive
KENYA – In an effort to promote sustainability, Unga Group Limited, a listed food processing firm has announced the completion of a KES 300 million (US$2.06M)…
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PepsiCo makes a mega comeback in Indonesia with a new snack factory
INDONESIA – US food and beverage giant PepsiCo has announced a substantial investment of US$200 million to build a new snack factory in Indonesia, a move…