Investments & Funding
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Kerry completes US$125m investment in US integrated taste and nutrition facility
USA — World’s leading taste and nutrition company, Kerry has cut the ribbon on its newly upgraded integrated taste and nutrition solutions manufacturing facility in…
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Canada launches new US$229m fund to stimulate investment in food processing
CANADA – Canada has launched a new US$229.3m Supply Management Processing Investment Fund to stimulate investment in the country’s food processing industry. The fund will give processors…
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Al Rawabi to invests US$177m in new Abu Dhabi dairy facility to meet growing consumer demand
UAE – Al Rawabi, a leading dairy and juice company in UAE, plans to establish a US$177 million dairy production facility in Abu Dhabi’s Khalifa Industrial…
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Ethiopia sets turbines rolling at Tana Beles 1 sugar processing factory after 10 years wait
ETHIOPIA – State owned Ethiopian Sugar Corporation (ESC) has officially commenced operations at its recently completed sugar manufacturing unit, Tana Beles 1, located north of…
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Zomato advances q-commerce ambition with US$100m investment in Blinkit
INDIA – Indian multinational restaurant aggregator and food delivery company Zomato is furthering its q-commerce ambitions by investing US$100 million in Blinkit, one of the…