ZAMBIA - Zambia's Agriculture Minister Given Lubinda has urged Chinese investors to tap into the potential of agricultural sector in the southern African country, saying an array of incentives are waiting for them.
KENYA - Billionaire investor John Kibunga Kimani has bought an additional 1.1 per cent stake in Kakuzi, taking him closer to owning the targeted 29 per cent shares of the NSE-listed agricultural company.
KENYA - The Philip Ndegwa family has sold its agriculture and hospitality equipment company G-North & Son Limited to businessman Paul Wanderi Ndung’u.
NIGERIA - Paul Ogbebor, an investor in rubber production industry has said that Edo State government loses about $180 million annually for not investing in rubber plantations, which he believes the state has a comparative advantage.
KENYA - West Kenya Sugar Company has been denied a second milling factory in Busia County.
ZAMBIA - Zambia Sugar Plc has signed a syndicated financing agreement of US$60 million with four local commercial banks to increase its annual sugar production capacity to 92,000 from 45,000 metric tonnes.
TANZANIA - The National Development Corporation (NDC) is in the final process of establishing an integrated large scale commercial farm for palm oil mainly for production of edible oil and electricity in the Coast Region.
TANZANIA - Private equity firm Fanisi Capital has bought a stake in a Tanzanian agro-processing company for $6 million (Sh600 million).
ZAMBIA - Northern Coffee Cooperation Limited (NCCL) intends to develop the Luombe farm in Kasama at a cost of US$ 850,000 to grow coffee at a commercial level.
KENYA - Kenya expects 20 companies to start investing about Sh8 billion ($80 million) immediately in the African nation’s textiles industry after the renewal of a deal offering access to the US market, its industrialisation minister said.
ETHIOPIA - Israel Chemicals Limited (ICL) has fully acquired Allana Potash Corporation, the parent company of Allana Potash.
More Articles ...
- Zambian Fertilisers acquires land in Lusaka MFEZ
- Livestock Feeds posts N7.9b turnover, N252m profit in 2014
- Sher Ethiopia Plc to inaugurate expansion, increase flower production
- IFC invests $20 m in Agrivision
- EU invests Euro 140m in southern Tanzania agriculture
- IFAD group commits to reviving Zim agric
- SeedCo revenue down 11 pct on maize seed shortages
- Tea auction price hits Sh291 high as production declines