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USA – Coda Signature, a leading brand of premium, cannabis-infused edibles, topicals and concentrates has closed US$24.4 million Series A funding round led by Granite Hall Partners. The funding round which looks to accelerate expansion […]
ZAMBIA –Zambeef Products PLC, a food products and agribusiness company, posted a 4% decline in revenues to US$118.8 million for the six months to March 31, 2019 amid a challenging operating environment. Zambeef plunged into […]
KENYA – Multinational beverage giant, Coca-Cola is set to sell its facility in Nairobi, Kenya which served as the company’s East and Central Africa headquarters. Located in Upperhill in Nairobi, the three-storey complex covering 116,350 […]
ZIMBABWE – Ariston Holdings Limited, a diversified agricultural firm in Zimbabwe, is upbeat of maintaining a growth trajectory in the second half of the current financial year following a 50% growth in revenues for the […]
ZIMBABWE – Ariston Holdings Limited, a diversified agricultural firm in Zimbabwe, is upbeat of maintaining a growth trajectory in the second half of the current financial year following a 50% growth in revenues for the […]
KENYA – The government of Kenya is seeking to raise US$250 million (Shs25 billion) through partnership with development partners to facilitate establishment of value-addition hubs for agriculture produce. Mwangi Kiunjuri, the Agriculture Cabinet Secretary, said […]
NIGERIA – NASCON Allied Industries Plc, a food processing company and subsidiary of Dangote Industries, is targeting to grow its more market share in Nigeria’s food sector through increased product range and innovation. Speaking at […]
ZIMBABWE – Seed Co Limited, one of Africa’s leading seed producers, reported a 16% increase in revenues to US$73.4 million offsetting a 323% jump in after-tax-profit to US$9.07 million in the year ended March 31, […]
AFRICA – The Africa Solidarity Trust Fund, an initiative which aims to enhance food security in Africa, has received US$17 million in commitments aimed at replenishing food security efforts in the continent. The development emerged […]
KENYA – The European Union has unveiled a US$66.2 million (Kshs6.62 billion) financial package for onward lending to farmers and agro-processors servicing demand-driven contracts in Kenya. The financing program, dubbed the Kenya Agriculture Value Chain […]