Investments, M&A & Funding
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Egyptian snacks giant Edita Food enters the frozen bakery segment by acquiring Fancy Foods for US$12M
EGYPT – Edita Food Industries (EFI), a leading Egyptian snack food producer, has entered the frozen bakery segment by the acquisition of Fancy Foods S.A.E.,…
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Malawi opts for NFRA over ADMARC in maize purchase deal, disburse US$15.6M
MALAWI – The government of Malawi has given K6 billion (US$15.6M) to National Food Reserve Agency (NFRA), choosing the agency in buying maize for the…
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Canadian pension funds endorse US$25bln Viterra-Bunge merger as Viterra supports hunger project in Canada
CANADA- Two pension funds, Canada Pension Plan Investment Board and British Columbia Investment Management Corp, have declared their support of the potential Viterra-Bunge merger, according…
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The EU funds US$13 million algae innovation project in Europe- AlgaeProBANOS
EUROPE- Leading a consortium of top industry and research partners working in the blue economy sector, the Submariner Network recently launched a major innovation project…
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AFEX seeks to raise US$65M to drive expansion into 7 new African countries
NIGERIA – AFEX, Nigeria’s first private agricultural commodities exchange player has announced plans to raise US$65 million to fund its expansion plan into seven new…