Investments & Funding
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Webcor, Arcor Group officially cuts ribbon on new US$45m confectionery joint venture in Angola
ANGOLA – The President of Angola, João Lourenço, has officially inaugurated the newly built US$45m Dulceria Nacional factory, aimed to produce a wide range of…
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Morocco based Anouar Invest group injects US$35.6m in Best Biscuits to beef up production
MOROCCO – Best Biscuits Maroc, one of Morocco’s leading producers of baked goods, has received 350 million dirhams (US$35.6m) from its parent company, Anouar Invest,…
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Cuisine Solutions attracts US$250m funding from Bain Capital to accelerate product innovation, expand global footprint
USA – Cuisine Solutions, a US supplier of sous-vide products, has secured an investment of US$250 million from Bain Capital to accelerate production innovation and…
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China overtakes US, EU to become the world’s largest funder of agricultural R&D
USA – China, the world’s largest agricultural importer, has now surpassed the United States and the European Union, to become the largest funder of agricultural R&D…
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US commits US$2.1 billion to help create a fairer, competitive, and resilient food system
US – The US Department of Agriculture is committing up to US$2.1 billion to support activities aimed at creating a “fairer, more competitive [and] more…