M&As, Funding & Investments
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Global financial institutions unveil multibillion dollar plan to address food security in developing countries
GLOBAL – International finance institutions led by the World Bank have unveiled a new action plan aimed at addressing food security, particularly in developing countries.…
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Ecotone invests US$21m to expand capacity at Italian plant-based drinks facility
ITALY – Organic food and beverage company, Ecotone, has as announced a €20 million (US$21.31million) investment at its plant-based drinks production facility in Badia Polesine,…
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Spear Capital pumps in additional investment in Arkay Plastic to drive expansion plan
MALAWI – Southern African plastic manufacturer Arkay Plastics has received additional investment from International private equity firm Spear Capital to facilitate its expansion in new…
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AfDB gets green light for US$1.5 billion African Emergency Food Production Facility from board
AFRICA – The African Development Bank Group’s Board of Directors have approved a US$1.5 billion facility to help African countries avert a looming food crisis…
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Libstar seeks to partner with budding food businesses through its Libstar Nova incubating hub
SOUTH AFRICA – South African JSE-listed food producer Libstar is on the hunt for well-established, food-focused small businesses brimming with potential, to partner with in…