Investments & Funding
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New agro-industrial park worth US$27.95m to be established in Kenya’s Lake Region Economic Bloc
KENYA – The United Nations Industrial Development Organization, a specialized agency of the United Nations focused on economic and industrial development, is supporting the construction…
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PepsiCo’s snack division Frito-Lay to invest US$245m in expansion of US manufacturing site
US – PepsiCo’s snack division Frito-Lay, has announced plan to invest US$245 million to expand its snack manufacturing site in Connecticut, US. The Frito-Lay’s Killingly…
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Saputo, Great Lakes invest in new cheese manufacturing plants in the US
US – Canadian dairy company Saputo and Ohio-based cheese manufacturing company Great Lakes Cheese have announced plans to invest in expanding their respective cheese manufacturing…
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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…