M&As, Funding & Investments
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PepsiCo commits US$3.3m to fund water replenishment projects across North America
US – In advancing PepsiCo’s ambitious effort to become Net Water Positive by 2030, PepsiCo Beverages North America (PBNA) and Frito-Lay North America (FLNA) have…
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GB Foods Africa inaugurates US$5m tomato production line in Ghana
GHANA – Gallina Blanca (GB) Foods Africa, a subsidiary of the Spanish consumer goods group Agrolimen SA, has commissioned a new US$5 million tomato production…
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Madar Holding creates sugar trading unit in Algeria
ALGERIA – Madar Holding, an investment, industrial, and commercial group, has injected capital of 10 billion dinars (US$73.5 million) into its newly formed subsidiary specializing…
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COFE raises US$15m to accelerate growth and enhance brand’s offering
MENA – COFE, MENA’s premiere online coffee marketplace, has raised US$15 million in investment capital from its Series B funding round, led by WAED Ventures,…
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Sensei unveils Europe’s largest fully-automated supermarket Dojo in Lisbon
PORTUGAL – Sensei, in collaboration with Hewlett Packard Enterprise (HPE), has launched “Dojo,” Europe’s largest fully automated superstore covering a total space of 500 square…