Investments & Funding

ANSAF allocates US$350,000 to boost cashew processing in Tanzania

TANZANIA - The Agricultural Non-State Actors Forum (ANSAF) has allocated US$350,000 (TSh 923.45M) to support 1,000 smallholder farmers engaged in…

4 weeks ago

Symega expands presence in North India with new seasoning facility in Sonipat

INDIA - Symega Food Ingredients Ltd., one of India’s largest seasoning manufacturers, has opened a new manufacturing facility in Sonipat,…

1 month ago

Cargill expands presence in India with new corn milling plant to meet rising demand

INDIA - Cargill has strengthened its foothold in India’s food ingredient sector with the inauguration of a new corn milling…

1 month ago

Heineken, Soufflet Malt forge South African supply partnership with US$108M investment

SOUTH AFRICA - French agro-industrial group Soufflet Malt, a subsidiary of InVivo Group, has announced plans to invest €100 million…

1 month ago

New milestone for Nigeria’s  poultry industry: Noiler Hatchery launched in Oyo State

NIGERIA - Nigeria’s poultry industry has reached a new milestone with the launch of a Noiler Hatchery in Awe, Oyo…

1 month ago

Symrise expands presence in Egypt with new 30,000m² facility in Giza

EGYPT - German flavours and fragrances manufacturer Symrise has signed a contract for a 30,000m² land plot in Giza, Egypt…

1 month ago

BENNI FOODS expands Uganda’s dairy sector with new processing factory in Kiruhura

UGANDA – BENNI FOODS, a Ugandan dairy manufacturer, has officially inaugurated its new processing facility in Kiruhura District, Western Uganda. The…

1 month ago

Burkina Faso launches US$200M agricultural training program to boost food security

BURKINA FASO - Burkina Faso has initiated a large-scale agricultural training program aimed at equipping 8,000 young people with essential…

1 month ago

EU expands investment in Uganda’s coffee sector with US$654,000 processing facility

UGANDA - The European Union (EU) has intensified its investment in Uganda’s coffee sector with the commissioning of a new…

1 month ago

AfDB, Standard Bank collaborate to enhance SMME financing and boost African trade

AFRICA - In a move to bolster small, medium, and micro enterprises (SMMEs) and enhance trade across Africa, the African…

1 month ago