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Category: Investments & Funding News

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Mars to invest US$82m in Kansas pet-care plant expansion

Aug 11, 2022Aug 11, 2022

USA— Mars is investing US$82 million in its pet-food facility in Kansas as it seeks to ramp up production of its…

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Grains, Milling, Baking & Feed Investments & Funding News LATEST NEWS WORLD NEWS 

Psaltry International, Unilever Nigeria, FCMB partner to establish Africa’s first cassava-based Sorbitol factory

Aug 11, 2022Aug 11, 2022

NIGERIA – Psaltry International Company, a Nigerian agro-processing company, has cut ribbon to Africa’s first cassava-based sorbitol factory in Oyo…

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AFRICAN NEWS Investments & Funding News LATEST NEWS 

Ugandan animal feed processor Kamp Group receives US$2.6m from Yield Fund

Aug 11, 2022Aug 11, 2022

UGANDA – Kamp Group Limited, Uganda based animal feed processing, marketing, and distribution company, has received a blended equity and…

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AFRICAN NEWS Grains, Milling, Baking & Feed Investments & Funding News LATEST NEWS 

Kenyan B2C ecommerce platform Copia expands private label offering with new manufacturing unit

Aug 5, 2022Aug 5, 2022

KENYA – Copia Global, a fast-growing ecommerce platform, has expanded its private label offering with launch of new manufacturing unit…

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AFRICAN NEWS Food service, Retail, E-commerce Investments & Funding News LATEST NEWS 

Uganda based Modern Group of Companies invests US$30m in new sugar refinery factory           

Aug 5, 2022Aug 5, 2022

UGANDA – Modern Group of Companies, a diversified organization in Uganda, has broken ground for the construction of Kidera Sugar…

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AFRICAN NEWS Investments & Funding News LATEST NEWS Sugar & Confectionery 

Canada pledges US$40 million towards Ukraine grain storage solution

Aug 5, 2022Aug 5, 2022

UKRAINE — The Food and Agriculture Organization of the United Nations (FAO), with the financial support of Canada, has launched…

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Grains, Milling, Baking & Feed Investments & Funding News LATEST NEWS WORLD NEWS 

Deep Branch secures US$5.8m funding to scale up CO2-to-protein technology

Aug 5, 2022Aug 5, 2022

UK— Deep Branch has secured £4.8m (US$5.8million) in in funding from UK’s Department for Business, Energy & Industrial Strategy (BEIS)…

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Agriculture & Agribusiness Grains, Milling, Baking & Feed Investments & Funding News LATEST NEWS WORLD NEWS 

Saputo expands US goat cheese capabilities, reports 24.1% revenue growth in Q1 2023

Aug 5, 2022Aug 5, 2022

US- Canadian dairy company, Saputo, is streamlining its footprint in the US through a CAD45million (US$35 million) investment to convert…

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Dairy & Infant Foods Investments & Funding News LATEST NEWS WORLD NEWS 

Chewing gum gains pop in South Africa following launch of first locally manufactured brand

Aug 5, 2022Aug 5, 2022

SOUTH AFRICA – South Africa has welcomed its first locally manufacturer chewing gum dubbed Mintex, following local sweets manufacturer Richester…

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AFRICAN NEWS Investments & Funding News LATEST NEWS New Products Sugar & Confectionery 

IFC, Switzerland backs Ghana’s five-year tree crops project worth US$100m

Aug 4, 2022Aug 4, 2022

GHANA – Ghana’s Tree Crops Development Authority (TCDA), under the Ministry of Food and Agriculture, has launched a Five-Year Strategic…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News LATEST NEWS 

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MOST RECENT POSTS

  • Wheat leads food commodity price decrease
  • EU launches US$1.35 billion Nigerian Green Energy Project for sustainable agriculture
  • Premium Brands Holdings snaps up two protein companies to expand outreach
  • Coca-Cola HBC makes US$46m purchase of premium sparkling beverage ESM
  • Mpact benefits from strong local demand reports 5.2% rise in interim revenue

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 11, 2022

Canada pledges US$40 million towards Ukraine grain storage solution https://t.co/jnewrwJnQU
#FoodNews #FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #Miliingandgrains

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 11, 2022

Kenyan Government launches Ksh8b National maize flour subsidy programme https://t.co/RsfUKdPYHN
#FoodNews #FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #Millingandgrains #MaizeSubsidyProgramme @kilimoKE

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 5, 2022

Saputo expands US goat cheese capabilities, reports 24.1% revenue growth in Q1 2023
https://t.co/e9DZmLpYz0
#investment #usa #goatcheese #specialitycheese #financialresults
@SaputoInc

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 5, 2022

Molson Coors’s revenue falls short by 0.67% as inflation limit consumers spending on beer https://t.co/5lcoZGgD3D
#financialresults #decline #inflation
@MolsonCoors

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 5, 2022

#BeverageGoodFriday: New products from Stoli Group, Monster Beverage, Holyrood, and Chapel Down https://t.co/ffUNq9O6qh
#beveragegoodfriday #launches #alcoholbeverages
@Stoli @MonsterEnergy @HolyroodWhisky @ChapelDownWines

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