Varun Beverages, an India-based bottling arm of RJ Corp, is set to sell a minority stake in the company to private equity firms in a move to raise INR3bn ($47.5m). The company is currently in talks with four private equity firms - GIC ...
Tags: Varun Beverages, PE Firms
Miner and trader Glencore Xstrata (GLEN.L) reported copper production increased by a fifth in the first six months of 2013, driven by the ramp-up of mines replacing depleted operations and a stronger performance in Congo. Glencore, which ...
Tags: Copper Output, Glencore
Independent non-profit organization Colalife working with Coca-Cola has approached Packaging Automation (PA) for a solution to package their new AidPod concept. The AidPod is a wedge-shaped container that fits between the necks of the ...
Tags: Packaging Automation
Canada's International Development Research Centre (IDRC) and the Australian International Food Security Centre (AIFSC) have announced a 4-year, C$15m ($14.42m) research partnership to improve food security in Africa. The project, which ...
Tags: Food Security, Agriculture
Global insurance broking and risk management firm Marsh has completed the acquisition of Alexander Forbes' stake in Nigerian insurance broker Femi Johnson & Company (FJC). Marsh intends to merge the newly-acquired business with its ...
Jiangxi Overseas Investment & Development Forum supported by Jiangxi Coporation for International Economic & Technical Cooperation was held in Zhongjiang International Hotel. The first signed project was solar power plant project of ...
Tags: PV Industry, African Market
The AidPod for ColaLife has all the right components to become the packaging system that definitively demonstrates to the world that packaging can not only add value to consumers' lives, but it can actually save lives. Recently garnering ...
It is reported that China's Sinohydro Corporation, the world’s largest hydropower construction company is going to get the supply of more than 120,000 tons of reinforcing steel rebar from Newcastle plant of ArcelorMittal South Africa ...
Tags: hydropower construction, Energy
Global steel giant ArcelorMittal has announced that its South African unit ArcelorMittal South Africa is supplying China's Sinohydro Corporation with reinforcing steel from its Newcastle plant for a number of hydroelectric projects across ...
Tags: rebar, longs, Zambia, Africa, ArcelorMittal, steelmaking, Istanbul
South African cement firm PPC plans to enter the Democratic Republic of Congo with a $200 million factory, its chief executive said. This cement plant is part of PPC's drive to boost sales outside its home market. The company plans to ...
Tags: Cement, Construction
South Africa-based Aspen Pharmacare has agreed to acquire Nestlé’s infant nutrition businesses in Australia and South Africa for $215m, as part of its efforts to strengthen its presence in Australia, Latin America and ...
Tags: Aspen, Nestle, Infant Nutrition
Sulzer Pumps has opened its third service center in China, located in Chengdu, the capital of Sichuan province in Southwestern China. With this new facility, Sulzer Pumps further strengthens its service network within this important market. ...
Tags: Sulzer Pumps, umps
A mining company with a plan to do for emeralds what De Beers has done for diamonds has been delivered a blow by the government it is in partnership with. Seemingly out of the blue, the Zambia Ministry of Mines, Energy and Water ...
In March 2013, the A Index rose to 98.85 cents per pound on the 18th before receding to 93.15 cents per pound on March 26. The recent surge in cotton prices may be due to concerns about a tightening supply-demand balance outside of China as ...
Tags: Cotton Prices, Cotton, Cotton Market
The Kenyan government has said that it has no intention of censoring what citizens do online or of closing access to social media networks in the country, despite facing challenges of identifying and tracking down people behind online hate ...