Irish convenience food producer Greencore Group has announced it will acquire US-based Marketfare Foods for £22.6 million.

Marketfare, which is headquartered in Arizona, is a leading manufacturer of food-to-go products for convenience and small stores in the US. Its principal customer is 7-Eleven, with whom it has partnered for over 20 years.


Adansi Gold Company, a wholly owned subsidiary of PMI Gold Corporation, is one of the most exciting gold mining companies in Ghana. With resources that are causing investors’ hearts to race, it is set to become a very important mid-tier producer in just a couple of years, as Thomas Amoah explains to Jane McCallion.


South Kazakhstan boasts one of the biggest phosphate deposits in the world. General director Mukash Iskandirov explains to Gay Sutton how the phosphate mining and manufacturing company Kazphosphate is introducing the latest technology to take advantage of the growing market for high quality phosphate products.


The eagerly awaited Deerfields Town Square Mall is just eight months from opening in Abu Dhabi. General manager Banu Tas talks to Gay Sutton about fulfilling the needs of the community.

In December this year, the new Deerfields Town Square Mall will be opening its doors to the public in the Al Bahiya area of Abu Dhabi, providing a much needed blend of shopping outlets, entertainment venues, restaurants and family activities for the rapidly growing communities living on the mainland close to the Emirate’s island capital. 


Botswana has transformed itself from a sleepy African country to a vibrant democratic economy and as Alan Swaby learns, its national airline is trying to emulate the country’s progress.

It’s an understandable aspiration that developing countries want to be represented on the larger international stage through their own national airline carrier. Understandable, but fraught with danger—at least of the economical kind—as many African countries have discovered to their cost.


 

The IFC, a member of the World Bank Group, and the Islamic Development Bank (IDB) have announced an investment of up to $100 million to support the construction of major infrastructure projects across the Middle East and North Africa.

The investment is part of an effort to stimulate economic growth in the MENA region. The IFC and IDB are each investing $50 million in the Arab Infrastructure Investment Vehicle (AIIV), part of the Arab Financing Facility for Infrastructure (AFFI), a joint initiative of the World Bank, the IDB and IFC.


 

Indian steel giant Tata has announced it plans to invest £800 million into Wales’ steel making industry over the next five years.

First minister Carwyn Jones recently met the vice chairman of Tata Steel, Mr B Muthuraman, in Mumbai as part of a government trade mission to the country.


 

DuPont has opened its latest ballistics testing facility at the DuPont Knowledge Center in Hyderabad, India.

The state-of-the-art facility houses a ballistic testing range, a 600-ton helmet press and stab testing equipment.

It is the fifth DuPont site for testing protection materials in ballistic applications. Others are located in Richmond, Virginia; Meyrin, Switzerland; Paulina, Brazil and Wilmington, Delaware.


Ireland’s Providence Resources has confirmed it has received the final payment of US$6 million for the sale of its Nigerian interest, OML 113.

The payment marks the end of Providence’s asset portfolio restructuring, allowing it to focus on its core areas of offshore Ireland and onshore United Kingdom.

Providence divested its Nigerian subsidiary, which holds its interest in OML 113 offshore Nigeria, to Jacka for a total consideration of $16 million, $10 million of which was paid in December 2011, with the balance of $6 million to be paid in April 2012.