M&As, Funding & Investments
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Puratos venture fund acquires minority stake in Fooditive Group
Netherlands – Sparkalis, the Belgium-based corporate venture arm of Puratos, has acquired a minority stake in the Netherlands’ Fooditive Group. Fooditive is focused on creating…
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Kenya to gain from US$7.95m Climate Smart Water Management project
KENYA – Kenya is among four countries in the African region to benefit from Ksh. 1 billion (US$7.95m) in the Climate Smart Water Management and…
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Tingo Foods to power its US$1.6bn food processing facility using solar energy
NIGERIA – Tingo Foods Plc, a subsidiary of Montvale-based MICT Inc., has entered into a partnership with Evtec Energy to build a US$150mn net zero-carbon…
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Ghana invests US$29.9m in procuring agricultural machines from Brazil
GHANA – In a race to be food-secure and relieve the burden of importing agricultural produce to feed the people, Ghana has procured US$29.9 million…
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Bio Cannat breaks ground on Morocco’s first legal cannabis lab
MOROCCO–North Africa’s first legal cannabis lab is being constructed in Morocco by Bio Cannat, the first Moroccan cooperative authorized to market and export cannabis and…