M&As, Funding & Investments
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Indian snack company Haldiram’s Nagpur partners SIG to launch dairy line
INDIA – India’s ethnic snack-food giant Haldiram’s Nagpur is investing more than Rs. 100 crore ($13.6m) into the construction of its own manufacturing facility for long shelf-life dairy products. SIG, which…
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Ghana based Cocoa Processing Company to clinch US$86.7m financing for expansion
GHANA – Cocoa Processing Company, Ghanaian state-owned manufacturer of chocolates, confectionery and semi-finished cocoa products, is eyeing a US$86.7m loan financing from the Arab Bank…
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USAID heightens investment in fonio value chain, issues US$1.9m to Mali based processor, American partner
MALI – Mali Shi, a Malian agro-processor in partnership with Yolélé, a purpose-driven African food company based in the United States, have received a co-investment…
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Ethiopia opens 2nd avocado processing facility, eyes international market
ETHIOPIA – YBM, a new private avocado oil processing company, has gone operational within state owned Yirgalem Agro-processing Park in Southern region of Ethiopia. Established…
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Namibian E-commerce startup JABU secures US$3.2m to expand into other countries
NAMIBIA – JABU, a Namibian business-to-business e-commerce startup, has received US$3.2 million to grow its venture. Afore Capital, Y Combinator, FJ Labs, Quiet Capital, Kli…