M&As, Funding & Investments
-
Egyptian dark butcher startup Brotinni raises seed funding round to grow business
EGYPT – Brotinni, an Egyptian foodtech and dark butcher startup bringing innovation to the meat industry, has raised US$600,000 in a seed funding round led…
-
Absolut Vodka, Ardagh Group co-invest in glass packaging production using hydrogen energy-fired glass furnace
SWEDEN – Through a strategic partnership with Packaging giant Ardagh Group, Pernod Ricard-owned Absolut Vodka is to become the first global spirits brand to move…
-
P&P Optica receives financial backing from Canadian government to expand outreach
CANADA – P&P Optica (PPO), a startup behind automated inspection and insights for the food industry, has received up to a CAD$2.4 million (US$1.78m) investment…
-
Ghana Cocoa Board signs US$1.13 billion trade finance facility for 2022/2023 cocoa season
GHANA – Ghana Cocoa Board (COCOBOD) has signed a US$1.13billion pre-export receivables backed trade finance facility with a consortium of international and local financial institutions…
-
Snacks maker Edita Foods installs second production line in Moroccan facility
MOROCCO – Edita Foods, Egyptian packaged snacks maker, has expanded its Moroccan operations with installation of a second production line at its recently opened facility…