Investments & Funding
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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…
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Ghana to establish chocolate production plant in Rwanda as Rwanda eyes pyrethrum processing unit in Ghana
GHANA/RWANDA – Ghana and Rwanda have entered into an agreement to enhance value-addition of agro-allied products in the countries, boosting trade and investments between the…
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Wholestone Farms to establish US$500m pork facility in South Dakota as Hill’s Pet Nutrition invests in a new plant in Kansas
US – Wholestone Farms, a farmer-owned pork producer, has announced plans to build a new pork harvest and processing facility in South Dakota, United States.…
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Arla to invest in new modern dairy farm in Nigeria to boost milk production
NIGERIA – Arla Foods, one of the largest dairy cooperatives in Europe, has announced plans to build a new commercial dairy farm in Northern Nigeria,…