LATEST NEWS
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Food delivery platform Elmenus raises US$10m pre-Series C funding to drive expansion plans
EGYPT – Elmenus, the Cairo-based food discovery, ordering, and delivery platform, has announced that it raised US$10 million in pre-Series C funding round lead by…
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Botwana retailer Choppies turns to profitability courtesy of restructuring efforts
BOTSWANA – Botswana based retailer, Choppies Enterprises Limited has attained its first profit since 2016 of P37.7 million (US$3.4m) in the six months ended 31…
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Kenya’s Lake Region Economic Block to benefit from US$1.1m fish processing plant
KENYA – Kenya’s county government, Kakamega, has commissioned a fish processing plant with a capacity to process 30 metric tonnes of fish per day, providing…
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Cargill invests US$45m into production of soluble fibres to meet Europe’s demand for low-calorie products
EUROPE – American multinational food corporation Cargill is investing US$45 million into production of soluble fibers in an effort to meet demand for low calories products in…
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Global nuts supplier RRF, USAID to boost West Africa’s cashew nut value chain with US$3m investment
WEST AFRICA – Red River Foods (RRF), a leading global supplier of nuts, seeds, dried fruit, and specialty snacks, has entered into a US$3 million…