Investments & Funding
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Trade Hub backs Senegalese companies West Africa Water SA, Delta SA seeking to provide clean drinking water
SENEGAL – Senegal has made rapid progress over the last 10 years in expanding access to safe water and sanitation for its citizens. Despite the…
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Ultra-modern US$36m rice mill opens in Nigeria driving self-sufficiency agenda
NIGERIA – Nigerians have welcomed the opening of a new state-of-the-art rice processing factory, Gerawa Rice Mills Limited, in Kano State, established by industrialist, Alhaji…
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FDI in India’s food processing sector bounce back from pandemic slump to reach US$411m in 2021
INDIA – Investment activities in India’s food processing sector rebounded in 2021 with Foreign direct investment (FDI) into the sector nearly doubling to US$410.62 million…
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Egyptian social commerce startup Brimore closes US$25m Series A round led by IFC
EGYPT – Egyptian social commerce platform Brimore has closed a Series A round of funding worth US$25 million, which it will use to grow its…
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Olam secures US$4B to finance ongoing re-organisation plan
SINGAPORE – Leading global food and agri-business, Olam International Limited has secured multiple bank facilities amounting to US$4.0 billion, as it continues to progress on its…