Freitag, 29. März 2024
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Global Industry: German DEG invests in Nigeria’s Beloxxi

Hamburg. (bm) DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh invests in the Nigerian Beloxxi Industries Limited with around ten million USD, with which the biscuit manufacturer plans to expand its production. Further investors are the investment companies 8 Miles and Africa Capital Alliance, which invest an additional amount of 70 million USD. The family-run company Beloxxi produces cream crackers in its state of the art production facility. Other topics of the week:

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