M&As, Funding & Investments
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South Africa delivery service provider Orderin raises US$4.6m to beef up offering
SOUTH AFRICA – South Africa based delivery-as-a-service platform, Orderin, has garnered R70 million (US$4.6m) in a recently closed pre-series B funding round, which will allow…
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Kenyan organic coconut processor Kentaste receives US$1.5 million from EDFI AgriFI
KENYA – Kentaste, Kenyan specialist in coconut products, has received a US$1.5m financial backing from EDFI AgriFI, the EU’s investment facility dedicated to Agricultural SMEs…
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SABC Group inaugurates new laboratory, readies second phase of US$155m investment plan
CAMEROON – Cameroonian beverage giant, Société Anonyme des Brasseries du Cameroun (SABC), has inaugurated its new research and development laboratory in Douala. After a year…
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Blinkit expands q-commerce capabilities as rival Dunzo secures funding from Reliance Retail
INDIA – Indian instant delivery service has added 200 “dark stores” to its network since December to bolster its ability to deliver items in ten…
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Turkey B2B flour miller Ulusoy secures funds from FMO to transition into retail sector
TURKEY – Ulusoy, Turkey’s largest flour miller, has secured a 6-year, US$25m senior debt facility from Dutch entrepreneurial development bank FMO to fund transition into the…