Investments & Funding
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Pearl Dairy seeks IFC support to fund acquisition of Kenyan dairy plant, boost powder capabilities
UGANDA- Pearl Dairy, Uganda’s leading dairy processing company, is seeking support from the International Finance Corporation (IFC) to enable it acquire a dairy plant in…
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New agricultural projects aim at revitalizing Somalia’s forgotten fame
SOMALIA – International Fund for Agricultural Development (IFAD) has pledged to substantially strengthen its support to Somalia, immediately making US$11.6 million available and mobilizing resources…
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Westfalia Fruit receives US$300m expansion investment from three banks
SOUTH AFRICA – Westfalia Fruit, a South Africa-based multinational supplier of fresh fruit and related processed products has secured US$300m from three international banks to…
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Kenya launches Guaranteed Minimum Results programme to support dairy and mango farmers
KENYA – The Government of Kenya has launched the Guaranteed Minimum Returns (GMR) programme, which is aimed at supporting and aggregating dairy and mango farmers…
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Emmi to invest US$43m in new goat milk powder facility in the Netherlands
NETHERLANDS – Swiss dairy manufacturer Emmi is investing SFr40m (US$43.7m) to establish a new spray-drying facility for the production of goat milk powder at its…