Tag: $100 million

UNIONDICON Signs Deal with GEA Westphalia of Germany on Industrial Starch Facility

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Union Dicon Salt Plc (UDS) on Friday said it has finalised agreement with GEA Westphalia of Germany to build the largest industrial starch processing facility in Nigeria. This is in furtherance of the Consumer Goods Company’s transformation strategy approved by its board of directors, to […]

Restructuring: UNIONDICON Earmarks $100 Million for Diversification-Cordros

By InvestAdvocate Lagos (INVESTADVOCATE)- Salt producer and food products firm, Union Dicon Salt Plc (UNIONDICON) said its seeking to restructure and has earmarked $100 million for diversification, according to Cordros capital company update. Cordros reported that the plan, according to its management is to transform the company from an integrated […]

Tony Elumelu Foundation Announces Second Round of #TEEP2016

March 22, 2016/Tony Elumelu Foundation The Tony Elumelu Foundation (TEF) announces the selection of 1,000 entrepreneurs for the 2nd round of the Tony Elumelu Entrepreneurship Programme (TEEP). Launched in 2015, TEEP is the largest African philanthropic initiative devoted to entrepreneurship and represents a 10-year, $100 million commitment, to identify and […]