M&As, Funding & Investments
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Seed Co establishes US$12m drying plant in Zimbabwe enhancing availability of seeds in market
ZIMBABWE – Seed producer, Seed Co Zimbabwe has completed setting up its new US$12 million artificial seed drying plant at Stapleford, Mt Hampden, Zimbabwe which…
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Acumen Resilient Agriculture Fund raises US$58m to boost climate change resilience of African small-holder farmers
AFRICA – The Acumen Resilient Agriculture Fund (ARAF), an equity fund that supports African agri-businesses that assist smallholder farmers adapt to climate change, has raised…
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Angolan milling company GMA readies second phase of Lobito’s wheat flour mill construction
ANGOLA – Grandes Moagens de Angola, subsidiary of one of Angola’s leading players in soft commodities and FMCG (fast-moving consumer goods), Webcor, has completed construction…
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Egypt’s contact-less grocery delivery platform GoodsMart raises US$3.6m for further expansion
EGYPT – Egyptian grocery delivery platform GoodsMart, has raised US$3.6 million in a funding round led by Sawari Ventures. Founded in 2014, GoodsMart allows customers…
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2 Sisters Food Group invests US$10.36m into upgrading facilities at UK poultry factory
UK – 2 Sisters Food Group, one of the largest privately-owned food manufacturing companies in the UK, is investing £7.5m (US$10.36m) into modernizing facilities at its UK poultry processing…