KENYA – Five coastal counties in Kenya are set to benefit from a Sh10 billion (US$98.5m) funding from the World Bank to develop fisheries sector and harness opportunities in the blue economy. Mombasa, Kwale, Kilifi, […]
SUDAN – The African Development Bank’s Board of Directors has approved a US$60m loan to Elnefeidi Group Holding Company in Sudan to help finance its long-term agriculture and food expansion programme. The loan is expected […]
INDIA – Licious, an Indian online fresh meat and seafood brand has closed US$30 million Series E funding round led by Bengaluru-based investor Vertex Growth. Licious’ existing set of backers, which includes, 3one4 Capital, Bertelsman […]
USA – Perfect Day, a California-based dairy alternatives startup has raised US$140 million in Series C Funding round led by Singapore’s investment giant Temasek to help commercialize its ingredients and expand its footprint. The funding […]
FRANCE – French e-grocery startup Jow has raised US$7 million in new funding led by Stride.VC alongside DST Partners, as well as Caterina Fake and Jyri Engeström from Yes VC and Shan-Lyn Ma, the co-founder […]
USA – American plant-based ingredient maker, Nutriati has raised US$12.7 million in a Series C Funding round to support research and development, increase production capacity and expand its footprint. The funding round was led by […]
CHINA – Hongjiu Fruit, which operates across the fruit supply chain in Asia, has secured US$71 million (500 million yuan) in funding as part of its Series C round led by the CMC Capital Partners. […]
USA – New York-based indoor farming startup, Bowery Farming Inc has raised US$50 million in funding in an extension of its Series B round. The funding was led by Singapore state investor Temasek with participation […]
AFRICA – The Inter African Coffee Organisation (IACO) in partnership with the Centre for Agriculture & Biosciences International (CABI) and the International Coffee Organization (ICO) have launched the Africa Coffee Facility’ (ACF) worth US$950 million […]
GHANA – The state government of Ghana acting through Cocobod is planning to inject a US$600m stimulus package into the cocoa sector through a Cocoa Productivity Enhancement Program. The stimulus is aimed to step up […]
