AFRICA – The African Development Bank Group has pledged to invest US$10 billion over the next 5 years to support…
Read MoreAfrican Development Bank to commit US$10 billion in 5 years to boost food security in Africa
Tag: Investments & Funding
KTDA to procure 13 orthodox tea processing machines for allied factories to meet burgeoning demand for orthodox tea
KENYA – Kenya Tea Development Agency (KTDA) has received backing from the Kenyan Government in procuring and installing orthodox tea…
Read MoreSasini to go green with investment in solar energy plant as Kenyans stare at 78% electricity price hike
KENYA – Sasini Plc, a Kenya-based tea, and coffee company, plans to install a solar energy plant in its 1,463…
Read MoreUganda to invest in three coffee pillars to become US$1.5bn exporter by 2025
UGANDA – During the recently concluded National Coffee Dialogue on developing Uganda’s coffee value chain, the country’s Prime Minister Robinah…
Read MoreAfter surviving Covid, Africa’s beverage industry gets back on the investment track
A thirst for growth in a post-pandemic era sends Africa’s beverage industry into an investment spree, expanding production capabilities while…
Read MoreCampbell Soup invests US$50m in consolidating snacking operations and expanding team
US – Campbell Soup, an American processed food, and snack company, has planned to invest US$50 million and add 330…
Read MoreNestlé Health Science invests US$43m in boosting capacity at Wisconsin factory
USA – Nestlé Health Science has invested US$43 million in its Eau Claire, Wisconsin factory, to increase capacity to meet…
Read MoreBlue Tokai Coffee Roasters raises US$30m to globalize operations and products
INDIA – Specialty coffee brand startup Blue Tokai Coffee Roasters has secured US$30 million in its latest Series B funding…
Read MoreMitchell Cotts unveils Kenya’s first vacuum cooling service to boost fresh produce exports
KENYA – Mitchell Cotts, a Kenyan-based logistic firm, has officially unveiled the country’s first organized vacuum cooling service that could…
Read MorePepsiCo invests in new warehousing facility in Arizona, expands GBSC in Hyderabad
GLOBAL – PepsiCo Beverages North America (PBNA) has opened a new 238,000-square-foot warehousing facility in Goodyear, Arizona, to house 300…
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