M&As, Funding & Investments
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IFAD offers support to Ivory Coast’s environmental sustainability initiative, calls for heightened land restoration support
IVORY COAST – IFAD has announced its US$130 million support to the Abidjan Legacy Programme, an ambitious multi-partner initiative which aims to ensure the environmental…
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Kerry inaugurates US$40m modern taste facility in South Africa to serve entire region
SOUTH AFRICA – Irish multinational taste and nutrition company, Kerry, has opened a new R650 million (US$40m) plant in KwaZulu-Natal aimed at producing sustainable food…
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Penn Dairy records tremendous growth after the transition to yogurt-making
US – Penn Dairy, one of the leading dairy companies in Pennsylvania, is seeing exponential growth in sales after a decision to move away from…
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Ethiopian beer maker Dashen Brewery expands capacity of two of its breweries eyeing larger market share
ETHIOPIA – Dashen Brewery S.C., a major player in the rapidly developing Ethiopian Beer Market, has completed expansion of two of its breweries i.e., Debre…
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Danone sells remaining stake in Mengniu, to acquire Dumex Baby Food infant milk unit
CHINA – French multinational food group Danone is in the process to cut ties with China Mengniu Dairy after nine -years by selling a 25…