Investments & Funding
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Puratos Ethiopia opens new innovation hub equipped with high-end baking equipment
ETHIOPIA – Puratos, a global provider of solutions for bakery, patisserie and chocolate, has opened a new innovation hub at its subsidiary in Ethiopia, dedicated…
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Ghanaian edible oil processing company Central Oil Mills Limited gets US$2.3m backing to rehabilitate facilities
GHANA – Ghana nears competition of rehabilitation works on locally owned agro-processing company Central Oil Mills Limited. The project which is 90% complete is undertaken…
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Cameroonian brewer SABC ventures into poultry farming with establishment of modern hatchery
CAMEROON – Cameroonian brewing company, Société Anonyme des Brasseries du Cameroun (SABC), has diversified its operations into poultry farming. The subsidiary of the French beverage…
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Nigerian food, home service provider Eden Life closes US$1.4m seed funding round
NIGERIA – Eden Life, Africa’s first home services app strategically positioning itself as the go-to platform for home service such as food delivery, has completed…
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Allplants raises US$52m series B funds to boost capacity amid surging demand for plant based foods
UK – Allplants, a direct-to-consumer plant-based meals firm, has secured a £38m (US$52.41m) Series B funding round led by Draper Esprit to fuel its expansion and recruitment…