December 26, 2023 | Company News

Finnest invests $65 Mn in Kitchens@  

Kitchens@ has played a pivotal role in shaping the landscape of the cloud kitchen segment in India Kitchens@, a leading powerhouse in the dynamic cloud kitchen industry, announced the successful acquisition…

December 20, 2023 | Company News

FGen AG gets funding for sustainable milk protein production project

The EIC has tapped FGen and partners to work on developing a sustainable, alternative approach to milk production using only CO2 and electricity FGen AG, a subsidiary of Ginkgo Bioworks, based in Switzerland,…

December 18, 2023 | Company News

Chobani acquires La Colombe

Chobani financed the acquisition through the combination of a newly issued $550 million term loan, cash on hand and the exchange of Keurig Dr Pepper’s (KDP) minority equity stake in La Colombe into…

December 15, 2023 | Finance

ADB supports Lao’s response to food security challenges

ADB supported the Ministry of Agriculture and Forestry in raising $10 million in grant financing from the global agriculture and food security program The Asian Development Bank (ADB) signed a…

December 12, 2023 | Company News

Union Bank of Philippines and S&R launch Co-branded credit card

A co-branded credit card that will make grocery shopping, dining, and lifestyle spending more rewarding Union Bank of the Philippines (UnionBank) has teamed up with S&R, the largest membership-only grocery chain in…

December 4, 2023 | Finance

Gates Foundation announces partnership with UAE to accelerate action to strengthen food systems

Together, they made new commitments totalling $200 million in response to immediate and long-term threats to food security and nutrition caused by climate change The Bill & Melinda Gates Foundation joined the United…

November 21, 2023 | Company News

Zespri unveils ZAG, innovation funding initiative for sustainable future

The $2 million annual fund will propel initiatives to help shape a thriving world through the goodness of kiwifruit Zespri, the world’s largest kiwifruit marketer with over $2.5 billion in revenue announced the establishment…

November 15, 2023 | Africa

Afreximbank announces $2Bn for food security initiative in Africa

The initiative is intended to help address food insecurity in Africa, which includes a nearly 20 per cent hunger rate, by reducing dependence on other regions for much-needed food commodities…

November 7, 2023 | China

Yili reports record high revenue $13.32 billion during three quarters

These record-high figures indicate a continuous improvement in Yili’s core business capabilities China’s Yili Group released its financial results for the first three-quarters of FY2023. During the reporting period, the company’s revenue…

November 7, 2023 | Company News

Saudi-based Tanmiah Food Company’s revenue up by 21% in 9 months

Strategic partnership with MHP SE, with investments surpassing SAR 200 million, and MoU with Vibra Agroindustrial S.A., targeted towards enhancing food security in the country Saudi Arabia-based Tanmiah Food Company,…