date:Apr 09, 2014
Private investor Agri-Vie is reportedly seeking to invest in Nigerian food companies, as the African country tries to reduce its dependence on oil and lower imports.
Cape Town, South Africa-headquartered firm plans to invest in food businesses that are engaged in processing of grains, dairy, fruits, poultry and fast food. It intends to invest around $12m in each of the Nigerian business without any specific conditions.
Agri-Vie executive director Avril Stassen was quoted by Bloomberg as saying