M&As, Funding & Investments
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EABL bounces back to bullish performance more than doubling its half year profit
KENYA – East African Breweries PLC (EABL), has raised a glass to an exceptional first half year ended December 31, reporting growth on both the…
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Leclerc to invest US$100m in expanding North American operations
CANADA – Canadian food manufacturer Leclerc has announced plans to invest US$100 million over the next five years in expanding its operations in North America. As…
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Cheese maker Land’Or clinches US$3.95m financing to fashion, expand Moroccan facility
MOROCCO – Land’Or, Tunisian dairy processor specializing in cheese making has received a €3.5 million (US$3.95m) loan financing from the European Bank for Reconstruction and…
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Swiggy closes US$700m funding round led by Invesco as push into q-commerce gathers momentum
INDIA – Swiggy, a food-ordering and instant grocery delivery platform, has closed a US$700 million funding round led by asset manager Invesco, the company said in a…
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WayCool eyes share of India’s lucrative potato supply chain with new investment in SV Agri
INDIA – WayCool, a leading Indian agri-commerce company, has finalised its US$7.5m investment in SV Agri (SiddhiVinayak Agri Processing). SV Agri is one of India’s largest fully integrated players in the potato supply…