M&As, Funding & Investments
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Angola to inaugurate new fish processing, wheat production units to spearhead growth of food industry
ANGOLA – Angola based fishing company, Seatag Pesca Projecto, has announced that its new fish processing factory currently under construction is 70% complete. Set to…
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Egyptian snacks manufacturer Edita Food cements leadership position in bakery segment with launch of new facility
EGYPT – Edita Food Industries, Egyptian leader in packaged snack food market, is seeking to construct a new bakery production line. The new production line,…
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Olam to list food ingredients unit in London after first half profit jump
SINGAPORE – Agricultural commodity trading company Olam has picked London for the initial public offering of its multibillion-pound food ingredients business, as it looks to…
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E-commerce startup Omnibiz raises US$3m seed round to expand into other markets
NIGERIA – Omnibiz, an e-commerce startup based in Nigeria, has raised US$3 million in a seed round to expand into other markets. V&R Africa, Timon…
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V2 food raises US$53m to fuel expansion into Europe as Freshly launches first line of plant-based meals
AUSTRALIA – V2 food, a leading Australian meat alternative company, has secured €45 million (US$53million) in a Series B extension round to fund its ambitious…