M&As, Funding & Investments
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Nestlé injects US$40M into food allergy and IBD research project
FRANCE – Nestlé has signed a strategic collaboration and license agreement with Paris-based Enterome, for an R&D project targeting food allergies and inflammatory bowel disease…
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Yili launches premium Global Smart Manufacturing Industrial Park in China
CHINA – Chinese dairy giant, Yili Group, has launched its new Global Smart Manufacturing Industrial Park in Hohhot, China to serve as a global hub…
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BSBIOS to invest US$58.25 m in setting up wheat ethanol plant in Brazil
BRAZIL — Brazilian biofuels company BSBIOS is set to put up an initial investment of US$58.25 million to build the first large-scale ethanol plant in…
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African Development Bank Donates US$5.39m to bolster food production in Central African Republic
Central African Republic— The African Development Bank Group has approved a grant of US$5.39 million to the Central African Republic to bolster food production and…
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African Development Bank grants South Sudan US$8.1m to support food production
SOUTH SUDAN— The African Development Bank Group has approved a US$8.1 million grant to South Sudan to fund its Emergency Food Production Programme. The grant…