Packaging company Mondi launches its new US$7m paper sack converting machine
HUNGARY – Mondi, a leading global packaging and paper group, has successfully completed the implementation…
investment
Tunisian dates exporter VACPA secures US$12M from IFC to cushion business against COVID-19 effects
TUNISIA—Leading Tunisian dates exporting company VACPA has secured financing amounting to US$12.41 million from the…
Palsgaard invests US$113m to expand its production capacity in Denmark
DENMARK – Palsgaard, Danish emulsifier producer has announced that it will invest DKK 750 million (US$113 million) to…
Danish enzyme producer Novozymes acquires probiotic solution provider, PrecisionBiotics for US$90.3m
IRELAND – Global biotechnology company, Novozymes has acquired PrecisionBiotics Group for DKK 600 million (US$90.3m),…
Nigerian rice farmers acquire agro-allied incentives worth US$1.6m
NIGERIA – Nigeria’s Agro Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) project has commenced…
Government of Zimbabwe cancels US$130m deal between Cold storage company and Boustead Beef
ZIMBABWE – The much-awaited US$130million Joint Venture between the Zimbabwe state-owned meat processor, Cold Storage…
Zimbabwe enters into US$58m agricultural mechanization agreement with Belarus
ZIMBABWE – Zimbabwe is set to receive the first batch of agriculture equipment from Belarus, procured…
Nigeria Sovereign Investment authority invests US$294.9m in the fertilizer industry
NIGERIA – The Nigeria Sovereign Investment Authority is set to invest N114 billion (US$294.9m) into the…
Zambian input supplier African Green Resources launches US$40m project to boost food production
ZAMBIA – African Green Resources (AGR), one of Zambia’s leading farm inputs supplier has launched…
Rwandan food distribution company GET IT clinches investment from US investor VestedWorld
RWANDA – Rwanda based food distribution and logistics company, GET IT has obtained an investment…