Kensington Distillers & Vintners acquires Nigeria’s 1960 Rootz from AB InBev

Kensington Distillers & Vintners acquires Nigeria’s 1960 Rootz from AB InBev

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NIGERIA – Kensington Distillers and Vintners Limited (KDV), London-based beverage producer, has acquired the 1960 Rootz brand in form Monument Distillers Nigeria Limited owned by AB InBev. The acquisition includes the state-of-the-art manufacturing plant used to produce 1960 Rootz, which according to…

CDC opens offices in Kenya and Nigeria to increase investments

CDC opens offices in Kenya and Nigeria to increase investments

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AFRICA – The United Kingdom’s government-owned development finance institution, commonwealth Development Corporation (CDC), has opened offices in Kenya and Nigeria as part of its strategy trade ties with African countries. According to Nick O’Donohoe, chief executive of the CDC Group, the new…

Pan African Towers sign US$20.06m infrastarctural investment deal

Pan African Towers sign US$20.06m infrastarctural investment deal

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NIGERIA – The Pan African Towers (PAT) and a Canadian firm, WATT Renewable Corporation, have signed an infrastructure investment financing agreement to address the energy needs of Nigeria’s telecoms industry. Chief Operating Officer and founder, WATT Renewable Corporation, Oluwole Eweje, said the…