M&As, Funding & Investments
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Milk Euro Food secures US$ 6.3m funding from EBRD to improve environmental and social standards
Uzbekistan – Milk Euro Food, one of the largest producers and distributors of butter, spreads, and margarine in Central Asia, has secured an organized financial…
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AGRA, Microsoft extend partnership to support digital agricultural transformation in Africa
AFRICA – AGRA, an alliance led by Africans with roots in farming communities across the continent, and technology provider Microsoft, have expanded their partnership to…
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Fresh Brew invests US$10m to expand its roasting and production division
US – Fresh Brew, one of the largest private-label coffee and tea producers in the US, has announced an investment of US$10 million to expand…
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Scapegrace to construct New Zealand’s largest-ever distillery for US$16m
NEW-ZEALAND – Scapegrace, a New Zealand-based small-batch distiller of craft spirit, has announced its plans to construct the country’s “largest-ever distillery” facility for £13 million…
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CCBA cuts ribbon to US$100m bottling plant in Ethiopia to ease foreign exchange constraints
ETHIOPIA – Coca-Cola Beverages Africa has opened a new US$100 million bottling plant at Sebeta in Ethiopia, to boost local production. The new plant will…