Investments & Funding
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ADM consolidates Latin America presence with opening of new innovation center in Brazil
BRAZIL — ADM, an American multinational food processing and commodities trading corporation, has inaugurated a new innovation center in Hortolândia, Brazil. The Chicago-headquartered company said it…
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World Bank pledges US$180m irrigation support in Morocco to mitigate drought
MOROCCO – World Bank has pledged US$180 million support to enhance irrigation in Morocco in the face of drought and strengthen water management in the…
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Dangote commissions US$2 billion fertilizer plant at opportune time
NIGERIA – Nigerian Industrial conglomerate, Dangote Group, has inaugurated a US$2.5 billion fertilizer plant targeting both the domestic and international market, contributing to global supply…
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Nigerian agri-tech startup ThriveAgric clinches US$56.4m to accelerate growth, impact among farmers
NIGERIA – ThriveAgric, the Nigeria-based agritech startup, has raised US$56.4m to be channelled towards growing its 200,000-strong farm base, and expand into new African markets,…
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Kenyan agritech startup Apollo seeks to up reach after raising US$40 million in series B round
KENYA – Kenyan agri-tech startup Apollo Agriculture has clinched US$40 million in its Series B funding round, led by Softbank Vision Fund 2. The round…