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Sunday, April 2, 2023
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Tag: Investments & Funding

PepsiCo commits US$3.3m to fund water replenishment projects across North America

March 16, 2023March 16, 2023

US – In advancing PepsiCo’s ambitious effort to become Net Water Positive by 2030, PepsiCo Beverages North America (PBNA) and…

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Beverages Investments & Funding News Sustainability WORLD NEWS 

Madar Holding creates sugar trading unit in Algeria

March 16, 2023March 16, 2023

ALGERIA – Madar Holding, an investment, industrial, and commercial group, has injected capital of 10 billion dinars (US$73.5 million) into…

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AFRICAN NEWS Investments & Funding News Sugar & Confectionery 

COFE raises US$15m to accelerate growth and enhance brand’s offering   

March 15, 2023March 15, 2023

MENA – COFE, MENA’s premiere online coffee marketplace, has raised US$15 million in investment capital from its Series B funding…

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Investments & Funding News LATEST NEWS Tea, Coffee & Cocoa WORLD NEWS 

Puratos venture fund acquires minority stake in Fooditive Group

March 14, 2023March 14, 2023

Netherlands – Sparkalis, the Belgium-based corporate venture arm of Puratos, has acquired a minority stake in the Netherlands’ Fooditive Group.…

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Investments & Funding News LATEST NEWS Mergers & Acquisitions Sugar & Confectionery WORLD NEWS 

Kenya to gain from US$7.95m Climate Smart Water Management project

March 10, 2023March 10, 2023

KENYA – Kenya is among four countries in the African region to benefit from Ksh. 1 billion (US$7.95m) in the…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News LATEST NEWS 

New potato consortium launched in Kenya to boost access to farming inputs and market

March 8, 2023March 9, 2023

KENYA- Co-operative Bank of Kenya together with various global agricultural input giants and other entities including Agrico, Bayer East Africa,…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News LATEST NEWS 

Coca-Cola Europacific Partners injects US$42M into expanding German refillable bottling infrastructure

March 7, 2023March 8, 2023

GERMANY – Coca-Cola Europacific Partners (CCEP) in Germany has invested over €40 million (US$42.53m) in returnable bottles infrastructure to increase…

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Beverages Investments & Funding News LATEST NEWS WORLD NEWS 

Israeli irrigation equipment manufacturer Netafim opens first North African manufacturing plant in Morocco

February 28, 2023February 28, 2023

MOROCCO – Israeli manufacturer of irrigation equipment, Netafim, has officially opened its first North African manufacturing plant in Kenitra, Morocco,…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News LATEST NEWS 

Singaporean fertilizer firm Nutrisource to inaugurate NPK fertilizer plant in Togo

February 27, 2023February 27, 2023

TOGO – Singapore-based manufacturer and supplier of farm inputs such as fertilizer, agrochemicals, and specialty fertilizers, Nutrisource, is set to…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News LATEST NEWS 

Coca-Cola Bottling Company United begins construction of US$85m Macon facility, Coca-Cola’s Northampton bottling site shutdown shifts to December

February 27, 2023February 27, 2023

US – Coca-Cola Bottling Company United, the second largest privately held Coca-Cola bottler in North America and the third largest…

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Beverages Investments & Funding News LATEST NEWS WORLD NEWS 

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MOST RECENT POSTS

  • Nestlé to close Pizza factory in France linked to deadly E. coli outbreak
  • AB InBev debuts world’s first beer created using Artificial intelligence
  • Nestle advances talks for US$1 billion acquisition deal of Mumbai-based Capital Foods
  • Jack Daniel’s, Coca-Cola release pre-mixed cocktail collaboration brand in Britain and Europe
  • Monster Energy accuses Red Bull of anti-competitive targeting

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Mega Event Gulfood to play a leading role in tackling global food challenges, kick-starting a pivotal year for the UAE in 2023

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