Infrastructure

Flour Mills of Nigeria to invest US$1bn over five years

Sugarcane CIAT FlickrNigerian agribusiness group, Flour Mills of Nigeria (FMN), is planning to invest about US$1bn in its business over the next five years

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Two Zimbabwe fertiliser companies get US$36mn funding

Fertiliser Factory - David Barrie - FlickrThe African Export-Import Bank (Afreximbank) has provided more than US$35mn to two fertiliser companies in Zimbabwe for working capital and recapitalisation

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Online grain trading platform debuts in East Africa

Grains - Thagadooran - Wikimedia CommonsThe Eastern Africa Grain Council (EAGC) has launched G-Soko, an online trading platform for farmers to sell grains through a structured mechanism

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Ethiopia secures Chinese funding for sugar project

Sugar Factory - antriksh - pixabayThe Ethiopian government has secured financing from a Chinese bank for Kuraz V, the fifth factory in the Omo-Kuraz Sugar Project

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WACOT to invest US$25mn in Nigerian state

West African Cotton Co to invest US25mn in OgunThe West African Cotton Company (WACOT) has announced it will invest a substantial sum in Nigeria’s Ogun State

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