M&As, Funding & Investments
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Kenyan agri-tech startup Shamba Pride raises US$1.1m funding round to finance expansion plan
KENYA – Kenyan agri-tech startup Shamba Pride has raised a US$1.1 million funding round to support its expansion across the country and roll out its…
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BUA Group clinches US$200m to finance establishment of new integrated sugar project
NIGERIA – BUA Group, one of Nigeria’s leading manufacturing conglomerate, has received a US$200 million corporate facility from Africa Finance Corporation (AFC), Africa’s leading infrastructure…
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AFEX expands across Africa with launch of US$100m Food Security Fund
NIGERIA – AFEX, Nigeria’s leading commodities market player, is seeking to spread his impact across the region with the launch of new US$100m 10-year bond…
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Nigerian agro-processor Farmforte commissions 5,400 metric tonnes cashew processing factory
NIGERIA – Innovation-driven and impact-oriented Agro firm, Farmforte, has officially opened a cashew factory in Edo State, Nigeria. The factory which was inaugurated by Edo…
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American Peanut Growers Group to invest US$85m in new peanut shelling plant
USA — Grower-owned American Peanut Growers Group (APGG) is bolstering its share of the American peanut market with a new US$85 million investment in a…