GBfoods, a global culinary products manufacturer, recently built a N20 billion ($53 million) tomato processing factory in Kebbi State, Nigeria. The factory is the second largest in Nigeria and the only fully backward integrated plant. When all phases of the project are finished, the factory will be the largest fresh tomato processing factory in sub-Saharan Africa.

In May 2017, private equity firm Helios Investment Partners partnered with GBfoods S.A. to capitalise GBfoods Africa, creat...