PepsiCo and CARE partner with Egypt to launch US$3.7m women focused agricultural program

EGYPT – The Ministry of Social Solidarity in Egypt in partnership with PepsiCo Egypt and CARE Egypt have inked a partnership protocol to launch the She Feeds the World (SFtW) program with a US$3.7m investment […]

Middle East based investment firm Al-Hazaa sets up a second flour mill in Egypt

EGYPT – The Jordan based Al-Hazaa Investment Group has added a second flour mill in Egypt, Al-Tajj mill 2 located at the same industrial area as its Al-Tajj mill 1 at 6th October City, a […]

Saudi’s Agricultural and Livestock Investment Co. to acquire grain terminal in Egypt

EGYPT – Saudi Arabia’s Agricultural and Livestock Investment Company (SALIC), a Saudi joint stock company owned by the Public Investment Fund of the Kingdom of Saudi Arabia is looking to acquire a grain terminal in […]

Saudi food company Almarai secures US$100m funding to expand subsidiaries

SAUDI ARABIA – Almaria, the Gulf’s leading dairy company based in Saudi Arabia, has secured US$100 million funding from the European Bank for Reconstruction and Development (EBRD) to boost operations of its subsidiaries. Almaria intends […]

Huhtamaki acquires 70% stake of South Africa based Everest Flexible

SOUTH AFRICA – Huhtamaki, a global food and drinks packaging firm based in Finland is set to acquire a majority stake of 70% in South Africa-based flexible packaging manufacturer, Everest Flexibles for approximately €58 million […]