M&As, Funding & Investments
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Norfund invests US$4.7M in South-African food ingredient producer, Synercore, in expansion move
SOUTH AFRICA-Norfund, the Norwegian Investment Fund for developing countries, is investing ZAR 80M (US$4.7M) in Synercore Holdings, a South African food ingredient manufacturer to bolster…
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KTDA partners GridX Duara Holdings in green energy project, seeks to cut cost of production by US$2.5m
KENYA- Kenya Tea Development Agency (KTDA) has formed a joint venture, Chai Power Limited, with energy firm GridX Duara Holdings for the installation of solar…
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World Bank grants Kenya US$120m to boost irrigation strategy as many African governments race to end rain-fed agricultural system
AFRICA – The World Bank has backed Kenya’s Sh389 billion (US$3.1 billion) new roadmap titled National Irrigation Services Strategy, which aims to boost and strengthen…
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EU deepens agribusiness ties with Ghana with launch of direct linked market platform Ghana-EU Agribusiness
GHANA – Ghanaian Agribusinesses have received a boost with the launch of the Ghana-EU Agribusiness Platform in Accra that will directly link them to counterparts…
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Saudi’s Nadec signs pacts to aid its ambition of becoming US$1.59bn vertically integrated food business
SAUDI ARABIA – National Agricultural Development Co. (Nadec) has signed several agreements and memorandums of understanding (MoUs) as part of the five-year plan to become…