Investments & Funding
-
Diageo breathes life to former Guinness brewing site with US$98m investment
UK – British multinantional alcoholic beverages maker Diageo has announced plans to invest £73m ($98.38m) into reviving operations at a former Guinness brewery in Covent…
-
Food vendors’ supplier Kwanza Tukule gains backing from DOB Equity, Elea Foundation, A to Z Impact
KENYA – Kwanza Tukule, provider of socially and economically empowering food supply services in the low-income areas of the Kenyan capital, Nairobi has received investment…
-
Scotch distillery Kilchoman signs US$30m deal with Barclays to expand production
UK – Kilchoman Distillery, a fast growing scotch distillery, has secures a £22.5 million (US$30.35 million) deal with British multinational bank Barclays to expand its…
-
AFEX seeks to raise US$175m in second round of US$240m Asset-Backed CP to support agro-processors
NIGERIA – In a bid to offer agro-processors low-cost financing, AFEX, Nigeria’s leading commodities market player, has reopened its US$240m (₦100bn) Asset-Backed Commercial Paper (ABCP).…
-
India food delivery platform Zomato ventures into finance to support restaurant partners
INDIA – Indian multinational restaurant aggregator and food delivery company Zomato is venturing into finance in an effort to support its restaurant partners. According…