Quantum Foods’ Directors buy US$1.1m worth of stake amid rising interest by third parties
SOUTH AFRICA – Four board members of South African animal feeds and poultry producer, Quantum…
investments
Mucci Farms invests in two more US facilities to support expansion
USA – Mucci Farms, an Ontario-based fresh producer, has announced an investment in two new US…
PepsiCo Egypt plans US$100m investment in 2020 to spur growth
EGYPT – PepsiCo Egypt, a subsidiary of multinational food and beverage firm, PepsiCo has slated…
Ethiopian company invests US$10.3m in wheat, pasta and biscuit manufacturing
ETHIOPIA – Kiya, a local food processing company in Ethiopia, operating under Soror General Trading has…
Grocery delivery start-up Imperfect Foods raises US$72m in Series C round
USA – San Fransisco-based grocery delivery start-up, Imperfect Foods, has closed a US$72 million series…
Tunisian tomato processing firm clinches US$56m investment from DPI
TUNISIA – Pan-African private equity firm, Development Partners International (DPI) has invested US$56m into Société…
SA agri-tech startup Aerobotics raises US$5.5m from Naspers Foundry
SOUTH AFRICA – South Africa’s agri-tech business, Aerobic has acquired R100 million (US$5.5 million) in…
Citrus Extracts bags investment from venture capital firm to fuel growth
USA – Citrus Extracts, a Florida, USA headquartered supplier of organic and conventional citrus peel…
DSM Venturing leads US$10.8m funding round in Oxford-based Phynova
ENGLAND – Phynova, an Oxford-based life science company has raised €10 million (US$10.83 million) in…
Botswana retailer Sefalana acquires 40% stake in Australian supermarket chain operator
BOTSWANA – Sefalana Holding Company Limited, one of Botswana’s largest retail outfit has entered into…