M&As, Funding & Investments
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IFF eyes greater share of Asian flavour market with new $87m investment in Indonesia
INDONESIA – International Flavors & Fragrances (IFF) is bolstering its position in Asia’s food ingredients market with a new US$87 million in its flavors manufacturing…
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Webcor Group’s subsidiary triples capacity of packaging bags manufacturing with US$9.5m investment
ANGOLA – IMEX, the industrial unit of Angola’s leading player in soft commodities and FMCG sector, Webcor, is weaving a new thread through Angola’s industrial…
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ETG Group receives US$150m financing from AfDB to strengthen its value chain
AFRICA – The Export Trading Company (ETC) Group is set to receive a US$150 million financing facility from the African Development Bank (AfDB) aimed to…
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Zomato to invest US$1B over the next 2 years to accelerate growth of Indian startups
INDIA – Indian multinational food delivery company, Zomato has announced plans to invest US$1 billion over the next two years to accelerate the growth of…
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Green Climate Fund partners with IFAD, AfDB, ARC to promote climate resilience in Sahel with US$143m funding
AFRICA – The UN’s International Fund for Agricultural Development (IFAD) has signed a US$143 million grant agreement with the Green Climate Fund (GCF) to ensure…