PepsiCo Targets African Growth With Offer To Acquire Pioneer Foods

PURCHASE, New York and JOHANNESBURG, July 19, 2019 /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into an agreement to acquire all the outstanding shares of Pioneer Foods Group Ltd. (JSE: PFG) (“Pioneer Foods”) for R110.00 per share in cash (approximately US $1.7 billion), which represents a 56% premium to the […]

African Bicycle Contribution Foundation Donates 85 Free Bamboo Bicycles in Ningo-Prampram, Greater Accra, for a Total of 500, Ghana-Wide

ACCRA, Ghana, July 18, 2019 /PRNewswire/ — The African Bicycle Contribution Foundation (ABCF), a 501(c)3 organization founded by African Americans in late 2016, today announced the distribution of 85 free bamboo bikes to students from the Ningo-Prampram District, of the Greater Accra Region of Ghana. The event was held, on July 17, at the Achimota Golf […]

Viettel Sets Off A Digital Revolution In Vietnam Through Its New Subsidiary Company

HANOI, Vietnam, July 17, 2019 /PRNewswire/ – Amid rapid technological developments, tech companies are in a race to equip the local population with the latest developments and inventions. Vietnam’s leading telecommunications company, Viettel, is aiming to do so by setting up its eighth subsidiary company – the Viettel Digital Services Corporation. This new business is tasked with […]

L.E.A.F. Pharmaceuticals LLC and its Affiliate L.E.A.F. Rwanda Ltd Enter into an Agreement with a Contract Manufacturing Organization to Manufacture LEAF-1404

KIGALI, Rwanda and VALLEY FORGE, Pennsylvania, July 11, 2019 /PRNewswire/ — L.E.A.F. Rwanda Ltd  (“LEAF Rwanda”) announced today that it has signed a manufacturing agreement with a US Contract Manufacturing Organization (CMO), through its United States (US) parent company, L.E.A.F. Pharmaceuticals LLC, to manufacture its first complex generic anticancer medicine, LEAF-1404, under global current good manufacturing […]

One in four people in Africa pay bribes to access services, survey says

Corruption disproportionately affects the poor and young BERLIN, July 11, 2019 /PRNewswire/ — The tenth edition of Global Corruption Barometer (GCB) – Africa, released on African Anti-Corruption Day by Transparency International in partnership with Afrobarometer, reveals that more than half of all citizens surveyed in 35 African countries think corruption is getting worse in their country. Fifty-nine per cent of people think their government is doing badly at tackling corruption. Read […]