Investments & Funding

Pluri expands into cell-based chocolate with US$6.5M investment

ISRAEL - Israeli cellular agriculture firm Pluri has secured a US$6.5M investment and is set to acquire a majority stake…

3 months ago

Rwanda secures US$47M concessional loan from China for agricultural resilience

RWANDA - Rwanda and China have formalized a concessional financing agreement valued at US$47 million to fund the construction of…

3 months ago

TMJ Global Resources Ltd. wins Foodpreneurs Hub’s US$500 Pitch Competition Grant

NIGERIA - Olufunke Ayinde, the innovative founder of TMJ Global Resources Ltd., has been crowned the winner of the inaugural…

3 months ago

Kenafric Industries: Private equity firms eye US$100M stake sale

KENYA - Private equity firms Amethis Finance and Metier Private Equity Ltd. are reportedly seeking buyers for their 40% stake…

3 months ago

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…

3 months 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…

3 months 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…

3 months 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…

3 months 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…

3 months 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…

3 months ago