M&As, Funding & Investments
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Nigerian spice exporter Agricorp gets US$17.5m from Vami, AFEX, One Capital for expansion
NIGERIA – Agricorp International, Nigerian based spices producing, processing, and exporting startup has raised US$17.5 million in Series A funding led by Vami Nigeria with…
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World Bank, ATI, other private financiers support Angola’s BITA Water Supply Project
ANGOLA – The government of Angola has secured a guaranteed financing package from World Bank for implementation of the BITA project, aimed to develop water…
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International Islamic Food Processing Association partners IsDB Group to boost food security in the region
UZBEKISTAN – The International Islamic Food Processing Association (“IFPA”) is partnering with the Islamic Development Bank (IsDB) to promote food security in the Islamic world. …
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Tomato Jos forays into grain sector, receives US$1.2m support from USAID funded Trade Hub
NIGERIA – Tomato Jos, Nigerian agro-processing company focused on the local production and processing of tomatoes has diversified its operations venturing into the grains sector.…
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Egyptian food manufacturing giant Domty is on expansion spree, earmarks US$2.95m investment in new facilities
EGYPT – The Arabian Food Industries Co, an Egyptian food and beverage company popularly known as Domty is seeking to enter the croissant market, as…