M&As, Funding & Investments
-
Estonian dairy company E-Piim Tootmine secures US$30m loan from EIB to expand processing capacity
ESTONIA – The European Investment Bank has approved a €29 million (US$30.21 million) loan to the largest cooperative-based dairy producer in Estonia, E-Piim Tootmine to…
-
Ugandan sugar miller Sarrai opens new factory with processing capacity of 4000 tonnes per day
UGANDA – Sarrai Group, a conglomerate of diverse and inter-related agro-manufacturing companies across East and Southern Africa, has inaugurated a new sugar factory in Kiryandongo…
-
Twiga Foods commences commercial fresh produce farming targeting local market
KENYA – Kenyan-based technology food distribution platform, Twiga Foods, has invested US$10 million in the expansion of its private label business with the launch of…
-
AfDB seeks support for US$1.5 billion emergency food plan for Africa to alleviate food insecurity
AFRICA – The African Development Bank Group has unveiled a US$1.5 billion emergency food plan for Africa to avert a looming food crisis in the…
-
Chobani avails funds to support establishment of America’s largest dairy research center
US – American food company specializing in strained yogurt, Chobani, has donated US$1 million to the University of Idaho to support the construction of what…