Investments, Acquisitions and Funding

Senegal has launched a major US$110M vegetable oil refinery in Sendou, marking a significant step toward food self-sufficiency and reduced import dependence.

This move is driving renewed growth in the mature baking‑mix category through licensed partnerships.

Establishing processing in the country would allow for the delivery of small, ready-to-sell batches directly to consumers.

The partnership aims to accelerate the development and commercialization of clean-label ingredients to deliver freshness‑extending solutions across food and beverage applications.

The deal will transfer ownership of Dijamant’s brands, manufacturing facilities and distribution network to MK Group once it secures the necessary approvals from competition authorities across the relevant jurisdictions.