African Business News
Mega Fertilizer Plant in Nigeria set to be constructed
HOMAG International Merchant is set to construct a mega fertilizer plant in Nigeria worth $1.2 billion in Kogi State.
Dow Chemical seeks to triple Africa revenue in five years
Dow Chemical Co plans to triple its revenue from sub-Saharan Africa in the next five years and is investing in offices, local staff and manufacturing plants on the continent to meet that target, its head of the region said.
Unilever constructs first ever ice-cream factory in South Africa
Multinational goods firm Unilever has opened doors to its first ever ice-cream factory in south Africa. The construction of the factory is said to have cost US $44.36m.
AB InBev to acquire South Africa’s SABMiller for $104B in largest beer industry takeover ever
The world’s two biggest beer producers are set to merge after SABMiller accepted an increased takeover offer from rival Anheuser-Busch InBev.
