M&As, Funding & Investments
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Ugandan snacks maker Newman Foods clinches investment from Yield Fund for expansion
UGANDA – Yield Uganda Investment Fund, an agribusiness impact vehicle, has channeled an equity investment to Newman Foods, an agro-processing company based in Kampala. Newman…
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Tat Gida receives US$20.7m from EBRD to increase productivity and finance working capital needs
TURKEY – Tat Gida, one of Türkiye’s key food producers specializing in plant-based food, has received up to €20 million (US$20.70m) growth loan from the…
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Nestlé commissions new R&D center in Chile to bring innovative food and beverage solutions to Latin America region
CHILE – Nestlé has inaugurated a new Research & Development (R&D) Center in Santiago, Chile, for zone Latin America to innovate for and with consumers…
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Alaska Milk Corporation sets up training center to boost grass-to-glass food approach
PHILIPPINES – Alaska Milk Corporation (AMC), a manufacturer of milk products in the Philippines, has signed a Memorandum of Understanding (MOU) with its partners to…
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Wheat sowing in high gear in Ukraine as EBRD commits more money to support new grain export
UKRAINE — Wheat sowing is in high gear in Ukraine with the country’s agriculture ministry reporting 92% sowing levels or 4.4 million hectares as of…