KENYA – In addressing the high cost-of-living haunting most Kenyans, the government has plans to import cheap foods to be…
Read MoreKenya’s move to import cheap food receives US$24.5m backing from KCB bank
Tag: funding
The World Bank funds US$327.5M project to make livestock farming in East Africa more resilient to climate shocks
EAST AFRICA – The World bank is funding the transformation of the Kenya Livestock Insurance Program (KLIP) into a bigger…
Read MoreMultus secures funding to build First-of-its-kind growth media factory in UK
UK – Multus, a biotechnology start-up company, has received €8.9 million (US$9.6 million) in funding to build a first-of-its-kind facility…
Read MoreNo Meat Factory secures US$42M to expand production capacity for plant-based meat
CANADA – Vancouver-based alternative-protein products manufacturer, No Meat Factory, has closed a US$42 million Series B funding round to accelerate…
Read MoreReleaf raises US$3.3m to support sustainable food production in Africa
NIGERIA – Releaf, an Agritech startup disrupting Africa’s food processing industry, has raised US$3.3 million in an oversubscribed Pre-Series A…
Read MorePlant-based foods maker NotCo raises US$70M to offer AI tech to more food industry players
SOUTH AMERICA – NotCo, a food-tech company focused on producing plant-based alternatives to animal-based products, has raised US$70 million to…
Read MoreFood service management startup Suplyd raises US$1.6m, Appetito merges with Jumlaty
EGYPT – Suplyd, an Egypt-based startup that digitises supply chain operations for the Mena region’s hotels, restaurants, and catering (HORECA)…
Read MoreGhana receives US$35.9m grant from USAID to beef up agriculture systems
GHANA – The United States Agency for International Development (USIAD), has launched a US$35.9 million grant package to support Ghana’s…
Read MoreInsect protein farm Legendary Foods Africa clinches investment to accelerate expansion plan
GHANA – Legendary Foods Africa, a Ghanaian foodtech company focused on production of insect protein for human consumption, has bagged…
Read MoreAfDB commits financial support to Botswana, DRC to bolster post-Covid-19 economic recovery
BOTSWANA – The government of Botswana is set to receive US$179.66m loan from the African Development Bank (AfDB) to support…
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