African Business News

IFC to invest Sh8.2b in beverage can factory on Nairobi’s Mombasa Road

The International Finance Corporation (IFC) will invest Sh8.2 billion in a can factory to be set up on the Nairobi-Mombasa highway by Nigeria’s GZ Industries.

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African Coffee Shops Boom Driven By Meals, Consumption Rise Slowly

That is the explanation Charlse Kihiko, the founder of Kenya’s newest coffee shops chain, Urban Coffee, gave in an interview with Business Daily.

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Duma Works launches recruitment services for agribusinesses

Kenyan online and SMS-based recruitment platform Duma Works has announced the launch of an affordable hiring and employment package specifically catering to local agribusinesses.

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African Finance Ministers Seek Mega-Financing Deals to Boost Agriculture Sector

African Ministers of Finance have stepped up a campaign for additional financing led by the African Development Bank (AfDB) to channel funding required to boost production of rice and commercial farming in Africa and enable the continent to become an exporter of food.

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