Norway’s development finance institution (DFI) Norfund announced on February 2 that it is making a ZAR 80 million (USD 4.7 million) investment in South African food company Synercore Holdings.

Active in the fast-moving consumer goods sector, and headquartered in the Western Cape, outside Cape Town, Synercore focuses on the formulation, manufacture and distribution of foodstuffs.

For more information, please see https://iclg.com/alb/18557-scandinavian-dfis-target-african-growth