Kenya’s competition watchdog has without condition approved the acquisition of Suntory Beverage and Food Kenya Limited’s entire ownership by Bidcoro Africa Limited. Suntory is behind the popular Lucozade drink and blackcurrant concentrate Ribena, while Bidcoro owns the Suntop fruit juice brand. This acquisition will see Bidcoro take over Suntory Kenya’s entire issued share capital according…...
Trending
- The World Bank grants $100 million in funding to Senegal to transform urban transport
- South Africa: inflation remains under control at 2.8% in May, the lowest since 2020
- DRC: Minister of Justice, Constant Mutamba, announces his resignation
- Ghana: Gold production expected to reach 5.1 million ounces by 2025
- Tanzania: Central Bank buys gold from four local producers to strengthen foreign reserves
- DRC: DGI achieves performance with 327 million USD mobilized in one week
- Senegal: The State launches a new bond issue of 300 billion CFA francs to finance structuring projects
- Coris Bank Chad officially launched
Bidco acquires Lucozade and Ribena maker
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com