Investments & Funding
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ETG Group receives US$150m financing from AfDB to strengthen its value chain
AFRICA – The Export Trading Company (ETC) Group is set to receive a US$150 million financing facility from the African Development Bank (AfDB) aimed to…
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Koch Foods unveils plans for new facility to bolster presence in US poultry market
USA — Animal proteins company, Koch Foods is seeking a greater share of the US poultry market with new plans to expand its processing facility…
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Zomato to invest US$1B over the next 2 years to accelerate growth of Indian startups
INDIA – Indian multinational food delivery company, Zomato has announced plans to invest US$1 billion over the next two years to accelerate the growth of…
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Green Climate Fund partners with IFAD, AfDB, ARC to promote climate resilience in Sahel with US$143m funding
AFRICA – The UN’s International Fund for Agricultural Development (IFAD) has signed a US$143 million grant agreement with the Green Climate Fund (GCF) to ensure…
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Morocco secures US$131m loan from AfDB for sustainable agriculture
MOROCCO – The Board of Directors of the African Development Bank (AfDB) has approved a new €114 million (US$131.89m) loan to Morocco to enable the…