M&As, Funding & Investments
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Releaf raises US$3.3m to support sustainable food production in Africa
NIGERIA – Releaf, an Agritech startup disrupting Africa’s food processing industry, has raised US$3.3 million in an oversubscribed Pre-Series A funding round led by Samurai…
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AB InBev to construct US$413m brewery in Colombia
COLOMBIA – AB InBev’s local brewer in Colombia, Bavaria, has allocated roughly US$413 million to be used in the construction of a new brewery in…
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Uganda coffee farmers can earn more through value-addition
UGANDA – Researchers in Uganda’s coffee sector believe farmers can increase their share of the final market price for their commodities only if they add…
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Tanzania to welcome first-ever powder milk processing plant
TANZANIA – Tanzania is set to welcome its first-ever milk processing plant following interest from a local investor to set up the facility to help…
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Afrique Phyto Plus secures US$5.8m expansion investment from AgDevCo
IVORY COAST – AgDevCo, a British investor specializing in African agriculture, has concluded a €5.5 million (US$5.8 million) mezzanine debt investment in the agribusiness sector…