M&As, Funding & Investments
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Sasini enhances liquidity position with US$6m investment in fixed income securities
KENYA – Sasini, one of Kenya’s major tea and coffee producers, has purchased fixed-income securities valued at Sh755.6 million (US$6.09m) following improved cash generation in…
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Kenyan dairy farmers appeal for government assistance to avoid halt of World Bank-funded project
KENYA – Dairy farmers in Kenya risk losing out on a KES150 million (US$1.2m) dairy value addition project if their county government does not keep…
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No Meat Factory secures US$42M to expand production capacity for plant-based meat
CANADA – Vancouver-based alternative-protein products manufacturer, No Meat Factory, has closed a US$42 million Series B funding round to accelerate its plant-based meat production growth.…
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Barry Callebaut strengthens APAC presence with new business excellence centre in Malaysia
MALAYSIA – Swiss-headquartered global chocolate and cocoa group has augmented its focus on the Asia-Pacific region with a new Asia Pacific Business Excellence Centre (APAC…
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Harvest Lodge Distilleries approved to construct US$108m County Dublin distillery
IRELAND – Fingal County Council, the authority responsible for local government in the county of Fingal, Ireland, has approved plans for Harvest Lodge Distilleries to…