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.
30/09/2019 at 15h54, by Africa 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.
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