Investments & Funding
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Cargill, Tyson invest in new capacity expansion to meet anticipated rise in product demands
NORTH AMERICA – Commodities trading giant Cargill and meat processing giant Tyson have announced new investments in capacity expansion aimed at meeting anticipated rise in…
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Cargill expands specialty tapioca starch offerings in Asia, to invest $25m in US soybean processing plant
US — US agricultural commodities giant Cargill is partnering with Starpro, a key food grade tapioca starch producer in Thailand, to expand its specialty tapioca…
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Flour Mills of Nigeria expands sugar project with acquisition of additional land
NIGERIA – Flour Mills of Nigeria (FMN), one of Nigeria’s leading foods and agro-allied groups has announced it has acquired an additional 5,200 hectares of…
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BUA Group pumps in US$300m in new integrated sugar company to be completed Q1 2021
NIGERIA – In line with Nigeria’s National Sugar Master Plan (NSMP), BUA Group, a leading food and infrastructure conglomerate has invested over US$ 300 million…
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Rwanda launches new banana alcoholic beverages produced in recently opened US$1.2m factory
RWANDA – Rwanda has commenced operations at its Rwf1.2 billion (US$1.2m), Rwamagana Banana Community Processing Centre, producing banana alcoholic beverages. The factory which set turbines…