SOUTH AFRICA – Agribusiness and food-focused investment group Zeder expecting subdued value growth in the rest of its financial year, is set to return capital to shareholders and invest in new opportunities if the sale […]
KENYA – Lantera a Kenyan agri-tech startup has obtained a loan facility of an undisclosed amount from Kenya Climate Innovation Center (KCIC) to enable it to meet its early targets as it prepares to raise […]
NIGERIA – Beta Glass Plc, the Nigerian maker of glass bottles and containers for the beverage industry has announced that the $30 million investment to establishing a new furnace and upgrade existing production lines at […]
MOZAMBIQUE – The Japanese government will be funding Mozambique with upto US$3.6 million for the creation of a Virtual Farmers Market, a project implemented by the United Nations, World Food Programme. The initiative aims to […]
UGANDA – Kayonza Tea Factory in Uganda has secured a US$ 3.15 million long-term loan from social impact investor Oikocredit for establishing a second factory to double its capacity to 38,000 metric tonnes per year. […]
KENYA – Spanish delivery company Glovo has expanded its service in Kenya by launching in Mombasa in bid to reach more customers. The move will now see residents of Mombasa experience faster on-demand deliveries on […]
NIGERIA – Cashew farmers in Nigeria are set to sign a N3.6bn (US$9m) Memorandum of Understanding with a group of foreign investors in order to attract the required funding to grow the sector’s revenue to […]
BENIN – AGCO a worldwide manufacturer and distributor of agricultural equipment and solutions has signed a Memorandum of Understanding (MOU) with the investment arm of Benin, the Agency for Promotion of Investments and Exports (APIEX), […]
SOUTH AFRICA – South Africa’s Competition Tribunal has approved the US$343.95m (R4.8bn) takeover of South Africa’s branded foods and beverages group Clover Industries Limited by Milco SA. The consortium Milco SA led by Tel Aviv-based […]
SOUTH AFRICA – South Africa based startup, Yebo Fresh, which delivers fresh, frozen and dry groceries to township communities in Cape town has closed a second round of funding as it seeks to expand its […]
