Investments & Funding
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Molson Coors invests US$16m in upgrading, expanding capacity at UK cider production plant
UK – American multinational beverage company Molson Coors has invested US$16 million in upgrading facilities at a 300-year old UK cider production facility. The facility…
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Estonian dairy company E-Piim Tootmine secures US$30m loan from EIB to expand processing capacity
ESTONIA – The European Investment Bank has approved a €29 million (US$30.21 million) loan to the largest cooperative-based dairy producer in Estonia, E-Piim Tootmine to…
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Ugandan sugar miller Sarrai opens new factory with processing capacity of 4000 tonnes per day
UGANDA – Sarrai Group, a conglomerate of diverse and inter-related agro-manufacturing companies across East and Southern Africa, has inaugurated a new sugar factory in Kiryandongo…
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Twiga Foods commences commercial fresh produce farming targeting local market
KENYA – Kenyan-based technology food distribution platform, Twiga Foods, has invested US$10 million in the expansion of its private label business with the launch of…
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TopUp Mama receives US$1.7m seed funding to drive digitization of food supply chain for restaurants
KENYA – Kenyan startup TopUp Mama, which aims to digitise the supply chain for micro, small and medium restaurants in Africa, has raised US$1.7 million…