Coca-Cola, TGI Group venture into Nigeria’s Chi Limited

Culminating six decades of Nigerian investment, Coca-Cola expanded further into dairy and juice products in West Africa with an initial share purchase in Chi Ltd. As the holding company of Chi Ltd., Coca-Cola entered into an agreement to acquire an initial minority shareholding of 40 percent in Chi Ltd., establishing a solid partnership to deliver Nigeria's beverages. Read More »

Ingenico reaches 50,000 terminal milestone in Africa

The Ingenico Group recently provided approximately 50,000 payment terminals to African countries. Its first smart terminal in Africa was installed in 2008, and it has expanded its reach across Malawi, the Democratic Republic of the Congo, Nigeria, Uganda, Zambia and Tanzania. Financial institutions are able to carry out numerous transactions that do not involve plastic cards. Read More »

Massey Ferguson to unveil new line of tractors in African, Middle Eastern markets

Massey Ferguson said late last week that it will release a new line of lower-horsepower MF 300 Series tractors in several African and Middle Eastern markets.  The company also will market new Massey Ferguson-brand tractor implements for  planting, cultivation and transport in the same markets. New products will be introduced as demand dictates. Read More »