LATEST NEWS
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Africa focused fin-tech startup LendXS BV sells 21% stake to IDH to jointly accelerate smallholder financing
AFRICA – IDH Farmfit Fund, the catalyzing smallholder finance facility of IDH, has signed an agreement to acquire a 21% ownership stake in fintech scale-up…
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Kerry expands presence in Latin America with new taste facility in Mexico
MEXICO – Kerry, a multinational food ingredients company based in Ireland, has announced the opening of a new taste facility in Irapuato, Mexico, as it…
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Afreximbank boosts capacity of food safety compliance in Africa with establishment of first quality assurance centre in Nigeria
NIGERIA – African Export-Import Bank (Afreximbank), a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade, has commenced the construction of an…
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Cargill begins construction of new palm oil facility in Indonesia to meet rising demand
INDONESIA – American global food corporation Cargill has announced that it is building a new US$200 million palm oil refinery in Lampung, Indonesia. The Lampung…
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ICL launches new hub to support growth of innovative food and beverage startups
ISRAEL – ICL Group, An Israeli global specialty minerals and chemicals company, has launched a new startup hub is designed to propel innovative food tech…