LATEST NEWS
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Vita Coco attracts US$20M investment ahead of planned IPO
US – Coconut water brand Vita Coco has attracted a US$20 million investment from an entity affiliated with Keurig Dr Pepper. The investment was…
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Bunge to sell Mexico mills to Grupo Trimex as part of portfolio optimization strategy
MEXICO – American agribusiness and food company Bunge has agreed to sell seven Mexican wheat flour mills to Mexico’s largest flour miller Grupo Trimex. World…
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Cameroonian brewer SABC ventures into poultry farming with establishment of modern hatchery
CAMEROON – Cameroonian brewing company, Société Anonyme des Brasseries du Cameroun (SABC), has diversified its operations into poultry farming. The subsidiary of the French beverage…
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Nigerian food, home service provider Eden Life closes US$1.4m seed funding round
NIGERIA – Eden Life, Africa’s first home services app strategically positioning itself as the go-to platform for home service such as food delivery, has completed…
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Ghana to allocate 150,000 hectares for grazing reserves to curb herd conflicts
GHANA – The government of Ghana is set to convert 150,000 hectares of land into grazing reserves in a bid to provide ample feed for…