Investments & Funding
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Pernod Ricard invest US$22m in RTD canning line, boosting capabilities and growth in RTD space
US – Pernod Ricard, the world’s second-largest spirits and wine company, has invested US$22 million in its first-ever ready-to-drink (RTD) canning line, located at the…
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Ugandan snacks maker Newman Foods clinches investment from Yield Fund for expansion
UGANDA – Yield Uganda Investment Fund, an agribusiness impact vehicle, has channeled an equity investment to Newman Foods, an agro-processing company based in Kampala. Newman…
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Tat Gida receives US$20.7m from EBRD to increase productivity and finance working capital needs
TURKEY – Tat Gida, one of Türkiye’s key food producers specializing in plant-based food, has received up to €20 million (US$20.70m) growth loan from the…
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Alaska Milk Corporation sets up training center to boost grass-to-glass food approach
PHILIPPINES – Alaska Milk Corporation (AMC), a manufacturer of milk products in the Philippines, has signed a Memorandum of Understanding (MOU) with its partners to…
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Asahi Kasei Corporation builds alkaline water electrolysis pilot test plant in Japan
JAPAN – Asahi Kasei Corporation, a multinational Japanese chemical company, is constructing an alkaline water electrolysis pilot test plant for hydrogen production at its Kawasaki…