M&As, Funding & Investments
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ADM joins forces with New Culture to scale up alternative dairy products production and marketing
US – American multinational food processing and commodities trading corporation, Archer-Daniels-Midland (ADM), has formed a strategic partnership with New Culture to accelerate the development and…
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Armenia’s ice cream company Pink Berry receives EBRD support to streamline operations amid growth
ARMENIA – Pink Berry, a specialty soft serve and packaged ice cream brand in Armenia, has received support from European Bank for Reconstruction and Development…
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Diageo invests US$5.7m in craft and innovation hub to strengthen presence in India’s growing alcoholic market
INDIA – Alcoholic beverage giant, Diageo through its Indian subsidiary, is investing Rs45 crore (US$5.7m) in constructing a Goa-based craft and innovation hub, which will…
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Ghana Export-Import Bank boosts coconut production in new US$3.2m project
GHANA – Ghana Export-Import (EXIM) Bank has embarked on a GH¢ 30 million (US$3.2m) Coconut for Life project targeted at increasing the country’s coconut production.…
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John Deere invests in ag-tech company Hello Tractor to beef-up agri-mechanization capacity in Africa
KENYA – Deere & Company, a U.S. tractor maker, has made a minority investment in Hello Tractor, an ag-tech company based in Nairobi, Kenya, as…