LATEST NEWS
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Manna Capital Partners to inject US$600M into building Montgomery’s beverage park
US – Manna Capital Partners, a minority-owned business enterprise and investment firm, has announced its new affiliate Manna Beverages and Ventures (MB&V) will invest US$600…
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Lamb Weston eyes total takeover of Lamb Weston-Meijer’s equity interest
NETHERLANDS – Lamb Weston Holdings, Inc. an American food processing company, has agreed to acquire the remaining equity interests in its European joint venture with…
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Uber Eats partners Iceland Foods to launch quick commerce concept, Uber Eats Market
UK – An online food ordering and delivery platform Uber Eats has partnered with supermarket group Iceland Foods to launch a new quick commerce concept:…
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Pick n Pay reports 11.5% interim revenue growth boosted by its restructuring plan
SOUTH AFRICA – South African retailer Pick n Pay has delivered a positive performance in its first half year ended August 2022, registering 11.5% growth…
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Nespresso receives US$4.1m support from IFC to promote sustainable coffee production in Uganda, Zimbabwe
AFRICA – IFC has invested US$4.1 million into Nespresso’s not-for-profit arm, Nespresso Sustainability Innovation Fund, to promote more sustainable, resilient, and inclusive livelihoods for coffee-growing…