LATEST NEWS
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Sasini enhances liquidity position with US$6m investment in fixed income securities
KENYA – Sasini, one of Kenya’s major tea and coffee producers, has purchased fixed-income securities valued at Sh755.6 million (US$6.09m) following improved cash generation in…
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Boon for Kenyan tea farmers as tea agency disburses US$44.5m for green leaf deliveries
KENYA – Kenya Tea Development Agency (KTDA), a Kenyan-based private holding company owned by more than 600,000 small-holder tea farmers, has disbursed Kshs 5.5 billion…
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Unilever’s Nutrition Factory becomes the world’s first savoury foods lighthouse factory
CHINA – Unilever’s Nutrition factory based in Tianjin, northern china has joined the network of the world’s most digitally advanced factories following the company’s utilization…
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Kenyan dairy farmers appeal for government assistance to avoid halt of World Bank-funded project
KENYA – Dairy farmers in Kenya risk losing out on a KES150 million (US$1.2m) dairy value addition project if their county government does not keep…
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No Meat Factory secures US$42M to expand production capacity for plant-based meat
CANADA – Vancouver-based alternative-protein products manufacturer, No Meat Factory, has closed a US$42 million Series B funding round to accelerate its plant-based meat production growth.…