Food Processing

In July, the developmental finance institution’s board will consider a loan supporting expansion plans of Singapore-based agri trader Agrocorp.

The $100m investment in FKS Food and Agri aims to bolster the company’s logistics and processing operations for both domestic and wider South-East Asian markets.

Having reduced its debt burden by divesting nearly 50% of Glencore Agri last year, the Swiss commodities giant is looking to expand into the US agri sector.

The poultry producer’s Western Australian expansion will involve relocating existing facilities and selling 40 hectares of land in Wanneroo.

The commitment to the food start-up fund marks the third investment made by Danone's newly-established venture capital unit.

The investment in second vehicle from Agricultural Capital Management marks the first agricultural investment for the $15.6bn pension.

Nearly the entire $28.4 million in loans the impact investment firm approved in March went to support companies operating in the agribusiness and food-related sectors in emerging markets.

The $50m investment marks the debut agri investment and second investment overall from The Rise Find, TPG Growth’s $2bn global impact fund.

The $300m fund of funds will target returns of about 20% through investments with mid-market private equity funds in frontier and emerging markets, potentially including agriculture-focused funds.

Nepal’s agro-entrepreneurs will have a whole suite of services available to them as they look to grow and improve their businesses, in the form of a new innovation center, launched by the World Bank.