Investment
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CTC approves Mega Market’s takeover of Lobels under strict competition conditions
The commission approved the vertical merger subject to conditions aimed at preserving competition in the flour market, protecting rival bakeries and limiting merger-related job losses.
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CHS to build US$700M soybean processing plant
Construction is expected to begin in the coming weeks, with the facility targeted for completion in fall 2028.
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Visible Industries plans to invest in Kenya’s rice value chain ecosystem
Kenya’s heavy dependence on imported rice is creating a major opportunity for domestic farmers and processors, with a new market-led private-sector initiative seeking to expand production, strengthen post-harvest handling and increase local milling capacity.
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Benin accelerates soybean transformation with US$50M investment
A central component of the project is a soybean crushing unit with a processing capacity of 300 tonnes per day.
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AfDB deploys US$5.1B financing mechanism to cushion Africa’s fertilizer crisis
The framework is designed to provide immediate financial and policy support to countries facing heightened vulnerabilities while strengthening their capacity to withstand future external shocks.