Investments & Funding
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Saputo to shutter operations at US plant, plans to invest US$133m in upgrading others
USA – Canadian dairy company Saputo has announced plans to close the Bardsley St. facility in Tulare, California as part of efforts to “optimise and…
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Ellah Lakes joins National Sugar Master Plan, set to launch sugar production plant by 2024
NIGERIA – Ellah Lakes Plc, a diversified Nigerian agribusiness company has entered into a partnership with Montserrado Investment Ltd, to build Sugar processing plant with…
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Sistema.bio raises US$15m Series B investment to scale the company’s innovation
KENYA – Sistema.bio, a biodigester company, has raised US$15.6 million in a Series B investment round to help it deliver clean and renewable energy to…
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Senegalese B2B retail-tech startup ProXalys raises pre-seed funding for expansion
SENEGAL – ProXalys, a Senegalese B2B ecommerce startup, has raised US$150,000 in pre-seed funding to spearhead its expansion plans. The round was led by Haskè…
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Tingo International partners with MELD to expand financial access to Nigerian farmers
NIGERIA – Tingo International, an investment company focused on identifying and making targeted acquisitions that have synergistic characteristics with its other portfolio companies, has partnered…