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Following this month’s Carlton Hill station deal, the two companies are looking at further feedlotting and finishing beef investments in the region.
Africa street food
DOB Equity, backed exclusively by the de Rijcke family, has acquired a minority stake in Twiga Foods, its ninth investment.
Development finance institutions are becoming more proactive when it comes to agriculture and agribusiness, creating opportunities for the wider investment community.
The commitment to the food processing and marketing-focused fund follows a $100m investment from Massachusetts Pension Reserves Investment Management Board.
Agri-focused Aspada's chief financial officer Kushal Agrawal shares advice on Indian agribusinesses investment, including how to tackle the supply chain, improve smallholder farmers's conditions and turn industry fragmentation into an opportunity.
The international financial institution invested $20m in Beijing-headquartered Hosen Capital's previous agri-focused fund
DEG and African Capital Alliance joined 8 Miles in buying a minority stake in the Nigerian company, which aims to become a regional snack-food leader.
Arise will provide growth equity and target financial service providers working with rural communities in 20 sub-Saharan countries.
Global commodity food prices fell in July, after six months of modest gains, according to the FAO.
The firm is targeting €200m to acquire majority and minority stakes in expanding Italian food businesses.
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