American investment fund The Rise Fund invests in Uganda’s Pearl Dairy

UGANDA – The Rise Fund, a global impact investment fund managed by American private equity firm, TPG Capital has acquired a 34% stake in Uganda’s leading dairy company, Pearl Dairy. Pearl, which markets its products […]

Cargill invests US$34m to expand feed production capacity in its Texas plant

USA – Cargill has opened a US$34M expansion of its Animal Nutrition & Health facility in Temple, Texas aimed at increasing its feed production capacity to meet the growing needs. Construction of the 70,000 square […]

Clean Cause raises US$7m in Series A funding to expand its footprint in US

USA – Texas based organic sparkling yerba mate beverages maker, Clean Cause has raised US$7 million in series A funding, which the company plans to use in expanding its its sales and marketing team as […]

IFF opens new center of excellence for food service and seasonings to expand offerings

USA – International Flavors & Fragrances (IFF), a leading innovator of taste, scent, and nutrition, has opened its Center of Excellence for Food Service and Seasonings in Carrollton, Texas. The new site, located near the […]

Cargill to close fresh and turkey production operations at Texas plant

USA – Cargill has unveiled plans of shutting down fresh and frozen whole turkey production at the company’s turkey and cooked meats facility in Waco, Texas, in November this year. Established in 1965, the plant […]