Contact Information
- January 22, 2025
Cohort 2 of Food Business Funding Program kicks off
AFRICA – Foodpreneurs Hub proudly announces the start of Cohort 2 of its Food Business Funding Program, a transformative initiative for food entrepreneurs in sub-Saharan
World Bank commits US$30M to bridge funding gap in Ghana’s Food Systems Resilience Programme
GHANA – The World Bank has pledged to address the US$30 million funding shortfall in Ghana’s Food Systems Resilience Programme (FSRP), a key initiative aimed
Simbisa Brands targets expansion with US$17.8M investment
ZIMBABWE – Simbisa Brands, a subsidiary of Innscor Africa Limited, is pressing ahead with its expansion strategy, with plans to open 31 additional stores before
Varun Beverages to bolster South African subsidiary with US$48.2M investment
SOUTH AFRICA – Varun Beverages Limited (VBL), the bottling partner for PepsiCo in several global markets, has announced a US$48.2 million investment in its South
Juhayna Food Industries merges subsidiaries amid continued growth
EGYPT – Egypt’s leading dairy, juice, and food producer, Juhayna Food Industries, has announced the consolidation of four of its subsidiaries: Egyptian Food Industries Company,
Bakhresa Food Products to double fruit processing capacity in major expansion drive
TANZANIA – Bakhresa Food Products (BFP), a subsidiary of the Bakhresa Group, has announced plans to increase its fruit processing capacity, aiming to double annual
Burkina Faso boosts local tomato processing with new factories
BURKINA FASO – Burkina Faso has taken notable steps to enhance its tomato processing capabilities with the launch of two new factories in Yako and
Sooyah Bistro opens 12th outlet in Lagos
NIGERIA – Nigerian fast-casual chain Sooyah Bistro has launched its 12th outlet, situated in Yaba, Lagos. This milestone marks another chapter in the growth of
AfDB secures US$2.2B for Agro-Industrial Zones in Nigeria to boost agriculture, food security
NIGERIA – The African Development Bank (AfDB) has unleashed plans to release US$2.2 billion in funding for the development of Special Agro-Industrial Processing Zones (SAPZ)
Rwanda embarks on national fish breeding centre to reduce imports
RWANDA – The Rwanda Agriculture and Animal Resources Board (RAB) is constructing a state-of-the-art national research and breeding centre aimed at enhancing local fish production