AfDB launches agriculture and food security joint Thematic Working Group in Ivory Coast

IVORY COAST – The African Development Bank (AfDB), in collaboration with The United Nations Economic Commission for Africa (ECA) and the African Union Commission (AUC) under the auspices of the Joint Secretariat Support Office (JSSO), […]

African Development Bank lends Congo US$80.75m to set up agricultural value chains

CONGO – The Board of Directors of the African Development Bank have approved a loan of US$80.75 million for the Republic of Congo to set up agricultural value chains for the benefit of more than […]

Chinese fruit supply company Hongjiu Fruit raises US$71m in funding

CHINA – Hongjiu Fruit, which operates across the fruit supply chain in Asia, has secured US$71 million (500 million yuan) in funding as part of its Series C round led by the CMC Capital Partners.  […]

China’s Mengniu Dairy to acquire Kirin’s Australia unit for US$419m

CHINA – Chinese dairy giant, Mengniu Dairy has agreed to buy Kirin Holdings Co.’s Australian beverage unit Lion Dairy & Drinks for about 45.6 billion yen (US$419 million). The deal includes all white milk, milk-based […]

Tetra Pak launches first traceable packaging made with plant-based polymers

SWITZERLAND – Tetra Pak, together with its supplier Braskem, has launched the first sustainable food and beverage packaging made from plant-based polymers using the Bonsucro standards for sustainable sugar cane. The launch forms yet another […]