Investments & Funding
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PepsiCo commits US$3.3m to fund water replenishment projects across North America
US – In advancing PepsiCo’s ambitious effort to become Net Water Positive by 2030, PepsiCo Beverages North America (PBNA) and Frito-Lay North America (FLNA) have…
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Madar Holding creates sugar trading unit in Algeria
ALGERIA – Madar Holding, an investment, industrial, and commercial group, has injected capital of 10 billion dinars (US$73.5 million) into its newly formed subsidiary specializing…
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COFE raises US$15m to accelerate growth and enhance brand’s offering
MENA – COFE, MENA’s premiere online coffee marketplace, has raised US$15 million in investment capital from its Series B funding round, led by WAED Ventures,…
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Puratos venture fund acquires minority stake in Fooditive Group
Netherlands – Sparkalis, the Belgium-based corporate venture arm of Puratos, has acquired a minority stake in the Netherlands’ Fooditive Group. Fooditive is focused on creating…
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Kenya to gain from US$7.95m Climate Smart Water Management project
KENYA – Kenya is among four countries in the African region to benefit from Ksh. 1 billion (US$7.95m) in the Climate Smart Water Management and…