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Wednesday, March 29, 2023
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Category: Investments & Funding News

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Faulu Bank sets up US$$11.46m credit facility to help farmers acquire inputs

March 22, 2023March 22, 2023

KENYA – In efforts to improve national food security, Faulu Microfinance Bank has allocated KES1.5 billion (US$11.46 million) to finance…

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AFRICAN NEWS Agriculture & Agribusiness Financials & Economy Investments & Funding News LATEST NEWS 

Alltech enters new partnership to boost Thai dairy production

March 22, 2023March 22, 2023

THAILAND – International animal nutrition powerhouse Alltech has partnered with Thailand’s Dairy Farming Promotion Organization (DPO) to develop a blueprint…

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

Nestlé, UNESCO strengthen Because Youth Matter project with new funding

March 21, 2023March 21, 2023

LATIN AMERICA – Nestlé and UNESCO have partnered to provide young people with the resources and the skills they need…

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Investments & Funding News LATEST NEWS WORLD NEWS 

Coca-Cola Europacific Partners invests US$8.6m in expanding warehousing unit in Portugal

March 21, 2023March 21, 2023

PORTUGAL – Coca-Cola Europacific Partners plc, one of the largest FMCG sectors in Europe’s most significant markets, has invested €8…

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Beverages Investments & Funding News LATEST NEWS WORLD NEWS 

Saudi food service company Herfy expands into Africa with launch of two outlets in Nigeria

March 21, 2023March 22, 2023

NIGERIA – Herfy Food Services, a major fast-food restaurant chain in Saudi Arabia, has expanded its business horizon into Africa…

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

Australia’s FFI to set up fertilizer facility in Kenya, Egypt inaugurates US$800M Nitrogen Fertilizer Complex

March 18, 2023March 18, 2023

KENYA – Fortescue Future Industries (FFI), a global green energy company, has signed an agreement with the Government of Kenya…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News 

Tiger Brands bolsters capability in innovation with launch of head office-based Sensorium

March 18, 2023March 18, 2023

SOUTH AFRICA – Tiger Brands Limited, a South African packaged goods company, has inaugurated a brand new state-of-the-art multi-purpose center…

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AFRICAN NEWS Investments & Funding News LATEST NEWS 

Starbucks commits US$50m to advance its sustainability commitments, scale innovation

March 18, 2023March 18, 2023

US – American multinational chain of coffeehouses, Starbucks Corp, is set to advance its ambitious target to cut its water…

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Beverages Investments & Funding News LATEST NEWS Sustainability WORLD NEWS 

Moroccan retail-tech startup Chari invests in new chain of B2B stores to expand market reach

March 17, 2023March 17, 2023

MOROCCO – Chari, the leader in the digital distribution of Fast-Moving Consumer Goods in Morocco, has launched a new chain…

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AFRICAN NEWS Investments & Funding News Supplier News & Innovations 

PepsiCo commits US$3.3m to fund water replenishment projects across North America

March 16, 2023March 16, 2023

US – In advancing PepsiCo’s ambitious effort to become Net Water Positive by 2030, PepsiCo Beverages North America (PBNA) and…

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Beverages Investments & Funding News Sustainability WORLD NEWS 

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MOST RECENT POSTS

  • Vall Company invests in Brazilian firm Master Agroindustria
  • Israeli company invests in new aquaculture project in Western Sahara
  • Kerry opens innovation center in Spain, completes sale of Sweet Ingredients Portfolio
  • Diageo appoints its first female CEO Debra Crew
  • Baldwin Richardson Foods acquires Aseptic Solutions USA Ventures to expand into aseptic beverage market

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Mega Event Gulfood to play a leading role in tackling global food challenges, kick-starting a pivotal year for the UAE in 2023

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