Investments & Funding
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Trade Hub, Locafrique support Senegalese agribusinesses with financial assistance
SENEGAL – The U.S. Agency for International Development (USAID), through the West Africa Trade & Investment Hub (Trade Hub), has launched a US$24 million co-investment…
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Leclerc to invest US$100m in expanding North American operations
CANADA – Canadian food manufacturer Leclerc has announced plans to invest US$100 million over the next five years in expanding its operations in North America. As…
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Webcor, Grupo Arco to hit sweet spot with opening of US$45 million confectionery factory
ANGOLA – The Webcor Group, one of Angola’s leading food manufacturing companies, is set to commence production at its newly constructed Dulceria Nacional cookie and…
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Cheese maker Land’Or clinches US$3.95m financing to fashion, expand Moroccan facility
MOROCCO – Land’Or, Tunisian dairy processor specializing in cheese making has received a €3.5 million (US$3.95m) loan financing from the European Bank for Reconstruction and…
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Swiggy closes US$700m funding round led by Invesco as push into q-commerce gathers momentum
INDIA – Swiggy, a food-ordering and instant grocery delivery platform, has closed a US$700 million funding round led by asset manager Invesco, the company said in a…