M&As, Funding & Investments
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Alpro expands plant-based capabilities in UK, Project Helix pumps US$256m to Welsh food industry
UK – Alpro, one of the leading European plant-based companies, has completed a £17m (US$23.22m) capacity expansion project at its Kettering production facility in an…
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Valency Agro Nigeria receives US$3.5m financing from Oikocredit to boost cashew nut processing
NIGERIA – Social investor Oikocredit has issued a three-year US$3.5 million loan to agricultural processor, wholesaler and retailer, Valency Agro Nigeria Ltd, to support development…
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Tyson Foods invests US$355m in new bacon facility to meet soaring demand for proteins
USA — American multinational meat processing corporation, Tyson Foods has announced plans to invest US$355 million to open a 400,000-square-foot manufacturing facility in Bowling Green,…
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AfDB issues US$10m equity investment to ARCH Cold Chain Solutions East Africa Fund to curb food waste
EAST AFRICA – ARCH Cold Chain Solutions East Africa Fund (CCSEAF) has received a US$10 million equity investment from the African Development Bank, to support…
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Sierra Leon fruit beverage maker Capitol Foods launches country’s first cocoa processing plant
SIERRA LEONE – Capitol Foods, one of Sierra Leone’s leading agribusiness company, has launched a cocoa processing plant with an annual production capacity of 4,000…