Investments & Funding
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Probiotic beverage company Yakult to invest US$12m in modernizing Brazilian facility
BRAZIL – Japanese probiotic milk company Yakult has announced plans to invest BRL 60 million ( US$12m) in the modernization of its industrial complex located…
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Mali secures US$7.1m from ARC for climate risk insurance pay-out
MALI – The government of Mali has secured US$7.1 million in climate risk insurance pay-out by African Risk Capacity (ARC). The funds channelled to the…
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Zimbabwean agricultural commodity holder TSL to expand storage capacity
ZIMBABWE – TSL Limited, an integral and intelligent handler of all movement and commodities exchange in the Zimbabwe Agricultural Value Chain, has commenced construction of…
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Kraft Heinz reallocates US$183m UK investment to other facilities in Spain and Poland
UK – America-based multinational food company Kraft Heinz has reallocated US$183.38 million investment meant to bring Heinz Ketchup production back to the UK to other…
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World Bank provides US$200 million to strengthen irrigation services in Cameroon
CAMEROON – The World Bank has approved a US$200m credit from the International Development Association (IDA) to support Cameroon’s agricultural production in the Valley of…