Investments, M&A & Funding
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Tingo partners EVTEC Energy to construct a US$150M net zero-carbon emission solar plant in Nigeria
NIGERIA – Tingo Foods Plc, a subsidiary of Montvale-based MICT Inc. has entered into a partnership with Evtec Energy, to build a US$150mn net zero-carbon…
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Malawi partners World Bank to raise agriculture financing to US$235M as new fertilizer consignment arrives from Russia
MALAWI – The government of Malawi in partnership with the World Bank has announced plans to increase the Agriculture Commercialization (Agcom) financing program from US$95…
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ADM and Marel partner to increase alternative protein capabilities
NETHERLANDS- Chicago-based ADM has entered into a joint venture agreement with Marel, a leading provider of advanced food processing solutions, to build an innovation center…
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Snack food maker Calbee earmarks US$1bn to expand its presence in China and North America
JAPAN – Japanese snack food maker, Calbee, plans to invest about 140 billion yen (US$1 billion) in automation, mergers and acquisitions (M&A), and facility upgrades…
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Nestle commits billions to Purina Petcare division, casts doubt over human-grade pet food profitability
SWITZERLAND- Nestlé shared its plans to further growth for its Purina Petcare division though the company is doubtful of the profitability of the human-grade pet…