Flour Mills of Nigeria to invest US$1bn over five years
Nigerian agribusiness group, Flour Mills of Nigeria (FMN), is planning to invest about US$1bn in its business over the next five years
Infrastructure
Two Zimbabwe fertiliser companies get US$36mn funding
The African Export-Import Bank (Afreximbank) has provided more than US$35mn to two fertiliser companies in Zimbabwe for working capital and recapitalisation
Online grain trading platform debuts in East Africa
The Eastern Africa Grain Council (EAGC) has launched G-Soko, an online trading platform for farmers to sell grains through a structured mechanism
Ethiopia secures Chinese funding for sugar project
The Ethiopian government has secured financing from a Chinese bank for Kuraz V, the fifth factory in the Omo-Kuraz Sugar Project
WACOT to invest US$25mn in Nigerian state
The West African Cotton Company (WACOT) has announced it will invest a substantial sum in Nigeria’s Ogun State
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