Investments & Funding

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…

2 days ago

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…

1 week ago

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…

1 week ago

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…

2 weeks ago

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…

2 weeks ago

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…

2 weeks ago

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…

2 weeks ago

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…

2 weeks ago

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…

2 weeks ago

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…

1 month ago