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M&As, Funding & Investments
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Kenya unveils US$30.98M annual sugar sector investment plan to drive growth, sustainability
Government targets self-sufficiency and export readiness with sugar development levy funding for roads, research, and factory upgrades.
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AGRANA, Ingredion’s US$40M joint venture secures regulatory clearance for expanded starch production in EMEA
The move would reduce dependence on imports, improve supply chain control, and help meet the growing demand for texture solutions from customers.
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Almarai expands beverage portfolio with acquisition of Pure Beverages Industry for US$277M
The deal strengthens Almarai’s footprint in Saudi Arabia’s bottled water market, pending regulatory approvals.
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Allied Blenders and Distillers acquires global rights to Mansion House and Savoy Club brands
The acquisition strengthens ABD’s international presence, excluding select Asian territories, and expands its premium alco-bev portfolio.
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Guinea secures US$131M to fund to invest in its fisheries sector
The Kounki Project targets infrastructure upgrades, aquaculture expansion, and economic inclusion amid rising climate threats.