M&As, Funding & Investments
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Dangote commissions US$2 billion fertilizer plant at opportune time
NIGERIA – Nigerian Industrial conglomerate, Dangote Group, has inaugurated a US$2.5 billion fertilizer plant targeting both the domestic and international market, contributing to global supply…
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Nigerian agri-tech startup ThriveAgric clinches US$56.4m to accelerate growth, impact among farmers
NIGERIA – ThriveAgric, the Nigeria-based agritech startup, has raised US$56.4m to be channelled towards growing its 200,000-strong farm base, and expand into new African markets,…
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Investors backed Tomato Jos launches tomato paste in Nigerian market
NIGERIA – Tomato Jos, Nigerian agro-processing company, has launched its much-anticipated Tomato paste variant into the West African market. The new product, packaged in a…
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Kenyan agritech startup Apollo seeks to up reach after raising US$40 million in series B round
KENYA – Kenyan agri-tech startup Apollo Agriculture has clinched US$40 million in its Series B funding round, led by Softbank Vision Fund 2. The round…
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Indian distiller NV Group, ARDA partner in US$250 million brewery project in Zimbabwe
ZIMBABWE – Giant Indian distillers of grain alcohol, the NV Group, has partnered with the Agricultural and Rural Development Authority (ARDA) to establish a US$250m…