Investments & Funding
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FMO, Rabobank contribute to IDH Farmfit Fund’s US$118.7m supporting small-scale farmers in Africa
AFRICA – IDH Farmfit Fund, the catalysing smallholder finance facility of IDH has received financial support from the Dutch development bank FMO and Rabobank, each…
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AgDevCo expands portfolio to develop banana industry in Mozambique
MOZAMBIQUE – Social impact investor AgDevCo has announced its latest investment in Mozambique’s agribusiness sector. The UK-based social impact investor has closed a US$3 million…
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Angolan milling company GMA readies second phase of Lobito’s wheat flour mill construction
ANGOLA – Grandes Moagens de Angola, subsidiary of one of Angola’s leading players in soft commodities and FMCG (fast-moving consumer goods), Webcor, has completed construction…
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Egypt’s contact-less grocery delivery platform GoodsMart raises US$3.6m for further expansion
EGYPT – Egyptian grocery delivery platform GoodsMart, has raised US$3.6 million in a funding round led by Sawari Ventures. Founded in 2014, GoodsMart allows customers…
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2 Sisters Food Group invests US$10.36m into upgrading facilities at UK poultry factory
UK – 2 Sisters Food Group, one of the largest privately-owned food manufacturing companies in the UK, is investing £7.5m (US$10.36m) into modernizing facilities at its UK poultry processing…