Investments & Funding
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De Novo Foodlabs secures grant from South African government to advance research in animal free protein
SOUTH AFRICA – De Novo Foodlabs has received a US$700,000 (11 million rands) non-dilutive grant from the South African government to propel research into developing…
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Bobbie banks on D2C model to augment its share in European-style infant formula market
US – Bobbie, the only mom-founded and led infant formula company in the US, is banking on D2C as its major business model as it…
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Heineken to set up US$200m new greenfield brewery to expand presence in South African market
SOUTH AFRICA – Dutch brewing company Heineken is set to expand its presence further in the South African market with new plans of constructing a…
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Ivory Coast launches 5-year program worth US$16 million to boost beef production
IVORY COAST – Ivorian Minister of Animal Resources and Fisheries, Sidi Tiemoko Touré, has launched a five-year beef cattle production project (PRO-Bovine) worth 9.7 billion…
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SAB invests US$320m in supporting South African economic growth
SOUTH AFRICA – South African Breweries (SAB) has committed R5.8-billion (US$320m) investment this year to stimulate South African economic growth by expanding its production capacity…