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Economic Recovery: Bob Geldorf Invests Into Nigerian Biscuit Market - Business - Nairaland

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Economic Recovery: Bob Geldorf Invests Into Nigerian Biscuit Market by farem: 10:41am On Mar 29, 2017
BOB GELDORF BUYS INTO NIGERIAN BISCUIT MARKET

8 Miles, A private equity firm with interests in agriculture and technology, has acquired minority stakes worth $80m, in the Nigerian biscuit company, Beloxxi Industries. Irish pop star, Bob Geldof is the founder of 8 Miles.

The company also bought minority stake in Blue Skies an ethical fruit business that is hoping to expand into the Nigerian market.

GELDORF had signified interest in the Nigerian snacks market in August 2016.
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