M&As, Funding & Investments
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Canadian cooling equipment provider FPS Food Process Solutions opens MEA hub in Morocco
MOROCCO – FPS Food Process Solutions (“FPS”), a global leader in turn-key freezing and cooling equipment, has inaugurated its new Middle East/Africa (MEA) office in…
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RCL Foods invest US$34.3m in Hammarsdale plant to boost production, create employment
SOUTH AFRICA – South Africa’s largest processor and marketer of chicken, Rainbow Chicken Processing Plant and Hatchery (RCL Foods), is set to invest US$34.3m in…
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Kenyan fish farmers receive 68 tons of feeds from county government
KENYA – Machakos county government, in partnership with the Aquaculture Business Development Programme (ABDP), has procured 68 tons of high-quality fish feeds worth US$0.89m (Ksh12m)…
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Legislators oppose privatization of ailing Nzoia Sugar Company, push for US$3.76m funding
KENYA – The Agriculture Departmental Committee members led by Vice Chairperson Yegon Brighton plan to push for the allocation of Sh500M (US$3.76m) to bolster the…
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De Novo Foodlabs secures grant from South African government to advance research in animal free protein
SOUTH AFRICA – De Novo Foodlabs has received a US$700,000 (11 million rands) non-dilutive grant from the South African government to propel research into developing…