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Investments, Acquisitions and Funding
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Kenzpat commissions US$19m pasta and couscous facility, eyes share of local and export markets
MOROCCO – Kenzpat company, a subsidiary of the agri-food group Vita Holding Morocco, has commissioned a US$19 million pasta and couscous production facility in Skhirat,…
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Bunge to expand soy protein ingredients production with new US$ 550M facility in Indiana
USA – American multinational commodity trading giant Bunge is planning to invest US$550 million in the construction of a new facility soybean processing plant at…
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AfDB sets aside US$91m to support grain self-sufficiency initiatives in Sudan, Sierra Leone
AFRICA – The African Development Bank (AfDB) under its African Emergency Food Production Facility is committing US$90.91 million to support wheat and rice production initiatives…
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National Foods invests US$7M in new breakfast cereal plant in push to expand product range
ZIMBABWE – National foods (Nat Foods), one of the largest food processing companies, in Zimbabwe, is bolstering its presence in the breakfast cereal category with…