Agribusiness
Dufil Prima Foods seeks to modernise to rival Flour Mills, Nestlé…

Dufil Prima Foods seeks to modernise to rival Flour Mills, Nestlé…

Two years after taking over one of the Nigerian billionaire’s subsidiaries, one of the national agri-food industry leaders is pushing ahead with its conquest of the domestic market. To this end, it is looking for financial backing from the U.S. government agency OPIC.

Someone shares this article with you
            ▪ Dufil Prima Foods seeks to modernise to rival Flour Mills, Nestlé…

▪ Two years after taking over one of the Nigerian billionaire’s subsidiaries, one of the national agri-food industry leaders is pushing ahead with its conquest of the domestic market. To this end, it is looking for financial backing from the U.S. government agency OPIC.

http://www.jeuneafriquebusinessplus.com/en/798885/dufil-prima-foods-seeks-to-modernise-to-rival-flour-mills-nestle/

30/09/2019 at 17h54, by Jeune Afrique Business+

Dufil Prima Foods – the holding behind De-United Foods Industries Limited, owner of the Indomie noodles brand – is expecting a $37.5m boost from the Overseas Private Investment Corporation. In addition to U.S. support, the firm and its CEO Deepak Singhal hope to attract additional external financing to reach a total of $50m.

To read the article and discover your subscription benefits

You are connected to your Jeune Afrique account but your Jeune Afrique Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Agribusiness

21/05/2020 at 19h53, by Jeune Afrique Business+, updated 28/05/2020

Nestlé holds steady in sub-Saharan Africa despite Covid-19

In addition to focusing its efforts on continuing production, the global food giant is helping to combat...

Agribusiness

04/02/2020 at 16h19, by Estelle Maussion

Cameroon : Sluggish recovery for Rougier’s ex-subsidiaries after purchase by Fabrice Siaka

In 2018, the Cameroonian trader acquired two subsidiaries from the Rougier group, of which the Africa...

Any questions ? contact us

Please get in touch with the Jeune Afrique Business+ team if you require any further information.

Email us : abonnements@jeuneafriquebusinessplus.com

Add JAB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add JAB+ on the home screen.

3. Enter the name of the shortcut and confirm.