Investments & Funding
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Benin secures US$27.5m from JICA to finance Couffo’s drinking water project
BENIN – The Japanese government has awarded a grant of 16 billion CFA francs (US$27.50m) to Benin, through its international cooperation agency, JICA. The funds…
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ITFC issues US$44.9m financing to Senegal based ground nut oil processor to ensure ample raw material supply
SENEGAL – Senegal National Groundnut Company (SONACOS), has received Euro 40 million (US$44.9m) from the International Islamic Trade Finance Corporation (ITFC), to finance part of…
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Coca-Cola Hellenic readies exponential growth in Egyptian market, plans US$1B investment
EGYPT – Coca-Cola HBC, the world’s third-largest Coca-Cola anchor bottler has revealed plans of pumping investments worth US$1 billion into the Egyptian market, after finalizing…
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DoorDash expands into Europe with US$8.1B acquisition of Wolt
FINLAND – American multinational food delivery giant, DoorDash is buying Finnish delivery service Wolt Enterprises as it seeks to expand into Europe and other markets. …
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Impossible Food’s expansion drive bolstered by US$500m investment round led by Mirae
USA – Impossible Foods, one of the leading startups in the alternative protein sector, has raised approximately US$500m in its most recent funding round that…