The three bottlers have merged to form Almasi Beverages Limited. (Image source: S1m0nB3rry/Flickr)
Coca-Cola bottling plants in Kenyas Nyeri town, Rift Valley and the city of Kisii have entered into a merger deal that will see the total value of all three businesses rise by 26 per cent
Barrick assets have been receiving attention from potential buyers across the world. (Image source: BarrickGold)
Barrick Gold has withdrawn from talks with the China National Gold Group regarding the US$2.32bn sale of its African unit
A Russian firm has revealed its interest in joining the race for acquisition of Zimbabwean asbestos products manufacturer Turnall Holdings
The focus of projects to be funded will be to establish stable electricity distribution across Ethiopia. (Image source: Accretion Disc/Flickr)
The Development Bank of Ethiopia will offer up to US$20mn to private companies in an attempt to accelerate development of renewable energy and energy efficient products
Japanese automaker Toyota has launched a US$4.9mn truck and bus assembly plant and showroom in Kenya in an attempt to improve its market share in the East African country
