M&As, Funding & Investments
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WFP receives US$3m financial backing from Asia to support food assistance in Africa
AFRICA – The government of Japan and Korea have issued their support towards World Food Programme’s efforts of combating food insecurity in Africa. According to…
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Eat Just to build the first-ever cultivated meat facility in the Middle East and Northern Africa
QATAR – Alternative protein company Eat Just is set to build a cell-cultured meat facility in Qatar which will be the first-ever facility of its kind in…
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Kenyan retail startup MarketForce raises further funding for expansion
KENYA – Kenyan retail-tech startup MarketForce has received an additional US$100,000 in funding from the Harambeans Prosperity Fund to the US$2 million pre-Series A round…
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Commodity trading giants Roots Commodities, Rosa Grain to build US$140 million grain terminal in Egypt
EGYPT – Two commodity trading companies have signed a contract with the Egyptian government to build an EGP 2.2 billion (US$140m) bulk grain terminal in…
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E-commerce retail startup Alerzo secures US$10m Series A round to expand geographically
NIGERIA – Alerzo, a B2B e-commerce retail startup based in Ibadan, Nigeria has announced a US$10.5 million Series A round led by New York-based Nosara…