LATEST NEWS
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Insect protein producer Nutrition Technologies closes US$20m equity funding
SINGAPORE— Nutrition Technologies, a Singapore-based agri-biotech company which produces animal feed from black soldier fly maggots, has raised US$20M in Equity funding, the proceeds will…
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Fonterra’s 12-week RCT finds intake of milk formulas containing Bifidobacterium reduces URTI
CHINA – Chinese infants consuming milk formulas containing Bifidobacterium animalis subsp. lactis HN019 reported a lower rate of upper respiratory tract infections compared to those…
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Coca-Cola’s new bottling partner in Benin CCDBC receives US$30m from BOAD for expansion
BENIN – The newly established Coca-Cola Donga Bottling Company SA (CCDBC), has inked a contractual loan agreement with the West African Development Bank (BOAD) to…
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Clovers cashes in US$2.9m from sale of cold storage, distribution center in push to consolidate operations
SOUTH AFRICA – South Africa’s branded foods and beverages group, Clover Industries Limited, has disposed its cold storage and distribution centre in City Deep, Johannesburg…
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Zambia’s leading alternative protein maker 260 brands receives US$5m from Norfund to spearhead soymilk production
ZAMBIA – 260 Brands, an agro-processing company based in Zambia, has received US$5m investment from the Norwegian Investment Fund, Norfund, to finance its expansion into…