Maghreb Private Equity Fund IV acquires additional stake in Tunisian Cheese maker, Land’Or

Maghreb Private Equity Fund IV acquires additional stake in Tunisian Cheese maker, Land’Or

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TUNISIA – Maghreb Private Equity Fund IV (MPEF IV) has acquired 1.8 million new shares, representing 16.20% of the capital of the Tunisian agrifood firm Land’Or. This acquisition allows the private equity fund dedicated to small and medium-sized businesses in North Africa…

Notore Chemicals secures US$36.51m facility from Afrexim Bank to fund turnaround plant maintenance

Notore Chemicals secures US$36.51m facility from Afrexim Bank to fund turnaround plant maintenance

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NIGERIA – Notore Chemicals has secured a N13.2billion (US$36.51 million) loan for much need equipment maintenance. Notore Chemicals Plc is one of the leading fertilizer and agro- allied industries in Africa and operates the premier fertilizer plant in sub-Saharan Africa that produces…

Fairafric Ghana secures US$2.2m from DEG for establishment of a chocolate production plant

Fairafric Ghana secures US$2.2m from DEG for establishment of a chocolate production plant

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GHANA – Fairafric Ghana limited, Ghana’s first chocolate manufacturing company has secured a US$2.2 million loan from the German development finance institution, DEG to establish a new chocolate manufacturing plant in the West African nation. Fairafric Ghana Limited is a subsidiary of…