Investments & Funding
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Meat and fish delivery company FreshToHome raises US$104m in funding round led by Amazon Smbhav Venture Fund
INDIA – Direct-to-consumer (D2C) meat and fish delivery brand FreshToHome, has received US$104 million backing from Amazon Smbhav Venture Fund and other investors from a…
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Delta Corporation to consolidate Pan-African operations, outlines US$50m annual investment strategy
ZIMBABWE – Delta Corporation, Zimbabwe’s largest beverage company, has strategized itself to invest in consolidating its Pan-African operations with up to US$50 million targeted to…
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AeroFarms inaugurates world’s largest R&D indoor vertical farm in Abu Dhabi
UAE – AeroFarms, a sustainable indoor agriculture company, has launched the world’s largest vertical farm of its kind for research and development, focused on bringing…
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Duck Donuts opens Africa’s first outlet in Egypt, solidifies international expansion drive
EGYPT- American coffee and donut distribution chain, Duck Donuts has opened its first point of sale as part of its international expansion drive. Based at…
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Palsgaard invests US$19.2m in expanding Dutch specialty ingredient facility
NETHERLANDS – Palsgaard, a food industry specialist in the manufacture of emulsifiers, stabilizers, and other specialized ingredients, has broken ground on the US$19.2 million (€18…