Fan Milk cuts Ghana investment plan on electricity interruptions

Fan Milk Ltd, the dairy producer owned by private-equity firm Abraaj Group and Danone SA, said it will cut investment in Ghana because of electricity outage plaguing storage and distribution. The nation’s largest dairy producer will spend about 15 million cedis ($5.8 million) this year, lower than planned, Managing Director Jesper Bjorn Jeppesen said in ... Read Full Story