Investments & Funding
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Plenty Unlimited expands capabilities with world’s largest and most advanced vertical farming projects
US – Plenty Unlimited is building the world’s largest and most advanced vertical farming research center in Laramie, Wyoming, parallel to two other projects. The…
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KTDA partners GridX Duara Holdings in green energy project, seeks to cut cost of production by US$2.5m
KENYA- Kenya Tea Development Agency (KTDA) has formed a joint venture, Chai Power Limited, with energy firm GridX Duara Holdings for the installation of solar…
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McDonald’s Corp beats analysts’ Q4 estimates with 12.6% sales rise, plans to open 1900 more restaurants globally
US – American multinational fast-food chain, McDonald’s Corp, expects “short-term inflationary pressures to continue in 2023” with a mild-to-moderate US recession this year, with a…
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Saudi’s Nadec signs pacts to aid its ambition of becoming US$1.59bn vertically integrated food business
SAUDI ARABIA – National Agricultural Development Co. (Nadec) has signed several agreements and memorandums of understanding (MoUs) as part of the five-year plan to become…
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Tanzania engages OCP Group to set up fertilizer mixing plant in Kisarawe
TANZANIA – Executives from Tanzania are reportedly in talks with Moroccan company OCP Group, to have the company set up a fertilizer mixing plant on…