Investments, M&A & Funding
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Jones Village Bakery reopens US$35.8M facility seven years later
The rebuilt site marks a major milestone for the Welsh family business and strengthens its capacity to supply bread products to customers across the United Kingdom.
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Ethiopia secures US$2.3M Japan grant to mechanize rice sector
Ethiopia imports about 80% of the rice it consumes, while the government aims to reach 1.93 million tonnes of paddy rice output by 2030.
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BOAD approves US$78M targeting 100,000 tons of extra rice production
The program also aims to reduce Togo’s dependence on rice imports, with domestic milled rice production covering only about half of national demand in 2023.
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Ghana invests US$60M in fertilizer projects to cut import dependence
Ghana has lined up two fertilizer projects that could sharply expand domestic production, including a 500,000-ton plant in the Eastern Region and a separate US$10 million organic fertilizer facility.
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Algeria begins construction of 3m-ton fertilizer complex
The complex will have capacity of nearly 3 million tons a year, including 2.4 million tons of phosphate fertilizers and 570,000 tons of nitrogen fertilizers.