M&As, Funding & Investments
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Kenyan retail startup MarketForce raises US$2m series A funding round, eyes Nigerian market
KENYA – Kenyan retail-tech startup MarketForce, has undertaken a Series A funding round, raising US$2 million to scale up operations. Existing investors such as P1…
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Aleph Farms closes $105M funding round to bring cell-based meat to market in 2022
ISRAEL – Aleph Farms, an Israeli cultured meat startup, has received US$105 million in a Series B investment round to scale up manufacturing capabilities in readiness for a…
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Rwanda to boost local production of edible oil with US$10m investment in new processing plant
RWANDA – Kayonza Distribution Company Ltd, a Rwandese retail and distribution company, has invested US$10 million in the establishment of an edible oil manufacturing plant.…
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Tunisian olive oil producer CHO company clinches US$26m financing, management support from IFC
TUNISIA – One of Tunisia’s largest olive oil producers, CHO Company, has been offered a financing and advisory services package by World Bank Group’s IFC,…
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Indian animal protein startup Licious raises US$192m to fund future growth plans
INDIA – Licious, a direct-to-consumer fresh meat and seafood brand, has raised US$192 million in a Series F funding round led by Singapore-based investment firm Temasek and PE firm Multiples. …