Investments & Funding
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AfDB, Italian Technical Cooperation Fund extend US$1.18m grant to boost agriculture value chains in Mozambique
MOZAMBIQUE – The African Development Bank (AfDB), with financing from the Italian Technical Cooperation Fund, has provided a €990,000 (US$1.18 million) grant to help smaller…
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Ghana gears up with one-district-one-factory initiative, invests in new agro-processing facilities
GHANA –Premium Foods Limited, supplier of blended fortified and non-fortified food products in Ghana, has cut ribbon to it new factory operating under the government’s…
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Nestlé meal delivery service unit Freshly to open new distribution center in US to meet rising demand
US – Freshly, a meal delivery service owned by Swiss food giant Nestle is opening a second distribution center in suburban Atlanta, Georgia to meet…
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European seafood processor Sykes invests US$47.7m in Morocco to establish two processing plants
MOROCCO – Sykes Seafood, British specialist in seafood processing, is seeking to invest €40 million (US$47.7m) in the establishment of two new factories in Northern…
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Kenya’s Apollo Agriculture set for further growth clinching US$1m financing from ABC Fund
KENYA – Kenyan agri-tech startup Apollo Agriculture has raised US$1 million in debt funding from the Agri-Business Capital Fund (ABC Fund). Apollo Agriculture is a…