Investments & Funding
-
Ethiopia opens 2nd avocado processing facility, eyes international market
ETHIOPIA – YBM, a new private avocado oil processing company, has gone operational within state owned Yirgalem Agro-processing Park in Southern region of Ethiopia. Established…
-
Namibian E-commerce startup JABU secures US$3.2m to expand into other countries
NAMIBIA – JABU, a Namibian business-to-business e-commerce startup, has received US$3.2 million to grow its venture. Afore Capital, Y Combinator, FJ Labs, Quiet Capital, Kli…
-
FMO proposes US$3m investment in Ghanaian agritech company, fosters partnership with Ivorian microfinancier
WEST AFRICA – FMO, the Dutch development bank, is proposing a US$3 million investment in Farmerline, a Ghanaian agritech company focused on providing smallholder farmers…
-
US government to invest US$1B in supporting expansion of meat processing capacity
USA – The US government has pledged to invest approximately US$1 billion to expand independent meat processing capacity in the North American country. The…
-
FMO partners with Endeavor to increase support to early-stage agri-tech ventures across Africa
SOUTH AFRICA – FMO has partnered with Endeavor SA to expand their existing acceleration model in Africa which helps early-stage ventures with globally scalable solutions.…