Investments & Funding
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Family Bank partners with USAID to finance agribusinesses in Kenya
KENYA – Kenyan commercial bank, Family Bank, has announced that it will release Ksh. 6 billion (US$52.9m) to be extended as affordable credit to agribusinesses…
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E-commerce platform ExpandCart raises US$2m Pre-Series B to expand current market base
MENA – ExpandCart, leading e-commerce platform headquartered in Egypt, has raised US$2.7 million in a Pre-Series B bridge deal headed by Hong Kong’s Betatron Venture…
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HRD Industries invests US$12 million in cashew nut shell processing plant in Benin
BENIN – HRD Industries, a subsidiary of Indian multinational HRD Group, is seeking to set up a US$12 million (CFA 7 billion) cashew nut shell…
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Cargill to invest US$48m in expanding value-added corn production capacity
USA — American global food corporation Cargill has announced plans to invest US$48.25 million in expanding its capacity to produce value-added corn. The money will…
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Julius Berger to commission cashew processing plant, marking first invest in agro-sector
NIGERIA – After nearly two years of hinting its big diversification move into agro-processing, Julius Berger Plc, a leading civil engineering and construction company in…