M&As, Funding & Investments
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Kenyan based aquaculture entity Victory Farms clinches US$5m funding to expand into new markets
KENYA – East Africa’s largest commercial fish farm, Victory Farms, has raised US$5 million in new funding to facilitate its expansion in Rwanda, DRC and…
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Kellogg Tolaram cuts ribbon to new instant noodles factory in Eswatini
ESWATINI – Kellogg Tolaram, a joint venture between American Kellogg Company and Singapore headquartered Tolaram Group, has officially inaugurated an instant noodles processing facility in…
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Australia boosts dairy production with new investments in Purearth and Australian Consolidated Milk
AUSTRALIA – The government of Australia has awarded funds to two local dairy companies, Purearth and Australian Consolidated Milk, in an effort to boost local…
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Icelandic Brand Good Good to augment no added sugar product alternatives with US$20 million investment
ICELAND— Good Good, the Icelandic breakfast & brunch brand known for its no added sugar products, announces the closing of a $20 million Series B…
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Kenya Breweries Limited to cut carbon emissions with launch of new biomass steam plant
KENYA – Kenya Breweries Limited (KBL), a step-down subsidiary of multinational alcoholic beverage Diageo, through East African Breweries Limited (EABL), has commissioned a biomass steam…