AFRICAN & MIDDLE EAST NEWS
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Kenyan extension service provider FarmMoja receives backing from social investor ADAP Capital
KENYA – FarmMoja, a Kenyan based provider of training and extension services to smallholder farmers, has received an undisclosed amount of investment from ADAP Capital…
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Africa focused fin-tech startup LendXS BV sells 21% stake to IDH to jointly accelerate smallholder financing
AFRICA – IDH Farmfit Fund, the catalyzing smallholder finance facility of IDH, has signed an agreement to acquire a 21% ownership stake in fintech scale-up…
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Afreximbank boosts capacity of food safety compliance in Africa with establishment of first quality assurance centre in Nigeria
NIGERIA – African Export-Import Bank (Afreximbank), a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade, has commenced the construction of an…
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ICL launches new hub to support growth of innovative food and beverage startups
ISRAEL – ICL Group, An Israeli global specialty minerals and chemicals company, has launched a new startup hub is designed to propel innovative food tech…
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Uganda’s Crown Beverages invests in new water processing plant, launches jumbo sized returnable bottle of Nivana water brand
UGANDA – PepsiCo, through its subsidiary Crown Beverages Limited (CBL), has established a new plant with two dedicated water processing lines in Uganda. Boosting the…