M&As, Funding & Investments
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Pyxus Agriculture Limited inaugurates groundnut processing plant in Malawi
MALAWI – Pyxus Agriculture Limited, Malawian processor focusing on value addition of groundnuts and sunflower, has opened a new ground nut processing plant with a…
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Seal Sugar Mill seeks green light for establishment of sugar processing factory in Kenya
KENYA – Seal Sugar Mill, a local Kenyan firm is seeking the approval of the environmental watchdog, National Environment Management Authority (Nema), to construct a…
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Tanzania based cashew processor YYTZ cliches US$1.3m financing to accelerate expansion
TANZANIA – YYTZ, a Tanzanian cashew processor has closed its extended series seed funding totalling US$1.3m that was running in 2020 and 2021. The round…
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Kerry completes US$125m investment in US integrated taste and nutrition facility
USA — World’s leading taste and nutrition company, Kerry has cut the ribbon on its newly upgraded integrated taste and nutrition solutions manufacturing facility in…
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Canada launches new US$229m fund to stimulate investment in food processing
CANADA – Canada has launched a new US$229.3m Supply Management Processing Investment Fund to stimulate investment in the country’s food processing industry. The fund will give processors…