M&As, Funding & Investments
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Tingo Foods to revolutionize Africa’s food industry with US$1.6bn agri-food processing plant in Nigeria
NIGERIA – Agri-food company Tingo Foods, a wholly owned subsidiary of global FinTech and an agri-FinTech group of companies MICT, has began the construction of…
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CCBA expands production capacity in Africa, steps up youth and women empowerment
AFRICA – Coca-Cola Beverages Africa (CCBA) is investing in expanding its production capabilities by installing a new production line at Coca-Cola Beverages Botswana’s (CCBB) Gaborone…
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Ugandan food processing sector secures US$1.5m government aid to enhance technical and operational capacity
UGANDA – Small and medium-sized enterprises (SMEs) in Uganda’s food and beverage processing sector have been backed by US$1.5 million made available by the Official…
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KTDA microfinance subsidiary Greenland Fedha offers cheap growth loans to tea growers
KENYA – Greenland Fedha, a fully owned subsidiary of Kenya Tea Development Agency (KTDA), has announced that tea growers have received Sh7.5 billion (US$60m) in…
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Kenyan tuber producer FreshCrop partners Dutch company Solynta in innovating high yielding potato seeds
KENYA – FreshCrop Limited, a Nakuru-based technology-driven agricultural company, has partnered with the Dutch company Solynta, which specializes in breeding hybrid potatoes, to develop a…