Investments & Funding
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Kerry to establish new innovation center in Australia to reduce time to market for new products
AUSTRALIA -Irish-based taste and nutrition company, Kerry has announced that it will develop a purpose-built food technology and innovation centre in Queensland, Australia in an…
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Ugandan Yo Kuku chicken brand owner to bag US$7m from IFC to spearhead expansion plan
UGANDA – HMH Rainbow Ltd, a producer of fresh and frozen chicken in East Africa under the brand name Yo Kuku, is eyeing financial backing…
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ADM to invest US$350m in soybean crashing capacity to meet rising demand
US – Archer Daniels Midland (ADM) has announced that it will invest approximately US$350 million to build a new soybean crushing plant in North Dakota,…
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Kellogg Europe invests US$168m in expanding snack manufacturing capacity to meet rising demand
EUROPE – Kellogg Europe has invested US$168.5 million in expanding manufacturing capacity of its snack brand Pringles to meet rising demand for snacks in Europe.…
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South African fryers maker Kombo King to expand market following Vumela investment
SOUTH AFRICA – Kombo King, a South African kitchen equipment supplier focusing on the fried food niche market, has received an undisclosed amount of investment…