M&As, Funding & Investments
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Old Mutual managed fund ULIMI backs growth of Malawi’s macadamia sector with investment in Gala Agriculture
MALAWI – ULIMI Fund, a private equity fund managed by Old Mutual Investment Group Malawi, has made an undisclosed amount of investment in Gala Agriculture…
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Ugandan agro-processor Pura Organics receives US$2.5m investment from Pearl Capital Partners
UGANDA – Pura Organic Agro Tech Ltd, an agro-processing company focused on the cassava value chain in Uganda, has clinched a US$2.5 million straight equity…
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Ghana commissions US$1.2m rice processing facility to boost production of the staple crop
GHANA – The government of Ghana has inaugurated the GH¢7.3 million (US$1.2m) Savelugu rice processing factory in the Northern Region. The state-of-the art facility features…
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Plant-based cheese pioneer Miyoko riases US$52m to fund further market penetration
US – Plant-based cheese pioneer Miyoko’s Creamery has raised US$52 million in a Series C funding led by PowerPlant Partners, a growth equity firm investing in emerging consumer food, beverage,…
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Zimbabwe’s Raymeg Consultants launches first rabbit abattoir taking advantage of niche market
ZIMBABWE – Raymeg Consultants Private Limited, a corporate member of the Zimbabwe Commercial Rabbit Breeders Association (ZICORBA), has inaugurated Zimbabwe’s first export certified rabbit abattoir.…