Investments & Funding
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Flavorchem enhances customer support capabilities with launch of new thermal processing pilot plant
USA – Flavor and ingredient supplier Flavorchem has unveiled a pilot plant at its Downers Grove campus in an effort to enhance its customer support…
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South Africa based insect protein processor Inseco raises US$5.3m in seed funding round
SOUTH AFRICA – South African insect protein producer, Inseco, has raised US$5.3m in what is termed as the country’s largest ever startup seed funding round,…
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Tyson Foods to build new US$208m rendering facility to serve US poultry processors
USA – American multinational food corporation Tyson Foods is investing US$208 million in a new rendering facility in Hanceville, Alabama to serve poultry processors in…
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World Bank provides US$300 million to commercialize, de-risk agricultural transformation in Rwanda
RWANDA – The World Bank Group has approved US$300 million in financing, comprising International Development Association (IDA) grant and credit, to help the Government of…
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Norfund backs expansion of SA based dried fruit, nuts processor Redsun with US$8m equity investment
SOUTH AFRICA – Norfund, the Norwegian Investment Fund for Developing Countries, has invested US$8m in South Africa-based raisin processor and distributor, Redsun Dried Fruit and…