Author: InvestAdvocate

Comoros: AfDB Grants over 9 Million Euros for Digitizing the Comorian Economy

The Bank’s financing consists of 4.02 million euros provided by the African Development Fund, the Bank’s concessional loan agency, and a further 5.49 million euros provided by the Bank’s Transition Support Facility October 1, 2024/AfDB he Board of Directors of the African Development Bank (AfDB) Group has approved financing of […]

AfDB, USAID Sign $600 Million Landmark Regional Development Agreement for the Sahel

Through this parallel co-financing agreement, support will be provided to key sectors over the next five years October 1, 2024/AfDB The African Development Bank Group and the United States Agency for International Development (USAID) have signed a landmark Regional Development Objective Agreement (RDOAG) to strengthen social and economic development in […]

PepsiCo to Acquire Siete Foods for $1.2 Billion

October 1, 2024/PepsiCo PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods (“Siete”) for $1.2 billion.  The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American brand, while also growing its better-for-you […]