AFRICAN & MIDDLE EAST NEWS
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Ghana revamps collapsed pineapple juice factory Nano Foods with US$1.6m under 1D1F initiative
GHANA – Ghana has commissioned the revived Nano Foods Limited, a pineapple juice processing factory at Nsawam of the Eastern Region, under the One-District, One-Factory…
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Tiger Brands to accelerate innovation, production through launch of US$7m fund targeting food, beverage start-ups
SOUTH AFRICA – South African food manufacturing giant, Tiger Brands is seeking to launch a venture capital fund with an initial capital allocation of about…
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Kenya’s private sector initiates revival plan for sugar industry to boost economy
KENYA – Kenya’s private sector has joined the pursuit of reviving the country’s ailing sugar industry, which faces a myriad of challenges, yet exhibits immense…
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Producer of organic animal feed in Zimbabwe MoFeed Africa Organic Solutions seeks US$1.5m for expansion
ZIMBABWE – Zimbabwe based firm, MoFeed Africa Organic Solutions, producer of organic animal feed, is seeking about US$1.5m to expand its project in Wedza District,…
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Impact investor GBF offers financial, management support to Tanzanian commodity trader Rainbow
TANZANIA – Rainbow Haulage & Commodities Traders Company Limited in Tanzania, has received a US$350,000 investment from global impact investor Grassroots Business Fund (GBF). Established…