Invictus to invest AED 1 Billion for expansion for diversifying into agro-food trading

Invictus viewing inorganic growthavenues and joint ventures with Africa’s leading corporates, to diversify product portfolio further

Dubai, UAE,11July 2023 – Invictus Investment Company Plc (ADX: INVICTUS), announces plans to expand into North and East Africa through acquisitions and joint ventures with leading local entities in the region. Headquartered in the UAE, Invictus is a prominent trader with growing businessin the African markets. The plannedinorganic expansion will see it significantly increase its presencewith focus on various markets, potentially including:Morocco, Algeria, Kenya, Tanzania, and Mozambique among others.

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