M&As, Funding & Investments
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Cargill finalizes establishment of Africa’s single largest cocoa-grinding plant in Ivory Coast
IVORY COAST – Global food corporation, Cargill, has completed a US$100 million expansion of its cocoa processing facilities in Yopougon, Ivory Coast and committed additional…
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SABC group announces US$8.8m investment to boost glass production capacity
CAMEROON – Cameroonian beverage giant, Société Anonyme des Brasseries du Cameroun (SABC), is seeking to invest an estimated of XAF5 billion (US$8.8m) to renovate its…
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Midroc Investment Group to beef up Ethiopia’s edible oil processing capacity with US$1 billion planned investment
ETHIOPIA – Ethio Agri-CEFT, subsidiary of Ethiopia’s largest diversified conglomerate, Midroc Investment Group, is seeking to invest US$1 billion in the establishment of a new…
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Nick’s raises US$100m in Series C funding to expand presence in healthy snacks market
SWEDEN – Swedish healthy snacks company, Nick’s is set to expand its presence in the better for you snack market following a successful series C funding…
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Kenya’s Twiga clinches US$50m to expand offering with launch of own branded products, boost traceability
KENYA – Twiga Foods, a Kenyan based business to business food distribution company, has closed its US$50 million Series C funding round, aimed to scale…