LATEST NEWS
-
AFEX seeks to raise US$175m in second round of US$240m Asset-Backed CP to support agro-processors
NIGERIA – In a bid to offer agro-processors low-cost financing, AFEX, Nigeria’s leading commodities market player, has reopened its US$240m (₦100bn) Asset-Backed Commercial Paper (ABCP).…
-
Lake Harvest taps into expertise of Fish Industry veteran Atle Eide to Chair its board
ZIMBABWE – Lake Harvest Group, one of the largest integrated aquaculture companies in sub-Saharan Africa, has appointed Atle Eide, as an independent Chairman of the…
-
India food delivery platform Zomato ventures into finance to support restaurant partners
INDIA – Indian multinational restaurant aggregator and food delivery company Zomato is venturing into finance in an effort to support its restaurant partners. According…
-
Mondelez triumphs labor actions, supply chain challenges to post 8% rise in 2021 net sales
USA — After a year that was punctuated by supply chain disruptions and labour strikes, American multinational confectionery and snack food company Mondelez International has…
-
Curefoods merges with rival Maverix to create cloud-kitchen giant
INDIA – Curefoods, one of the fastest growing cloud kitchen startups in India, has merged with rival Maverix whose backers include Accel Partners, Swiggy and…