Date | Title | Description |
14.08.2024 | Singapore's Olam Group logs marginal rise in profit despite higher costs | Singapore's Olam Group on Wednesday (Aug 14) posted a slight increase in its first-half profit attributable, as improved performance at its division focusing on agricultural products and food ingredients was pressured by higher financing ex... |
11.07.2024 | Bühler opens application center for local grains in Nigeria together with Flour Mills of Nigeria | Addressing food security in Nigeria and beyond
KANO, NIGERIA – EQS Newswire – 11 July 2024 – Bühler, in collaboration with Flour Mills of Nigeria Plc, has opened a grains application center in Nigeria dedicated to processing local and ancie... |
09.07.2024 | Singapore's Temasek unveils S$44 billion 'sustainable living' portfolio | Listen to this article
Singapore's Temasek unveils S$44 billion 'sustainable living' portfolio
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SINGAPORE: Temasek has unveiled a "sustainable living"... |
18.06.2024 | FORTUNE ANNOUNCES THE SOUTHEAST ASIA 500 | One of the world's fastest-growing regions now has its own Fortune 500 list
No. 1 on inaugural Southeast Asia 500: Singapore-headquartered Trafigura
Energy sector accounts for most revenue; six banks amongst 10 most profitable
SINGAPORE, Ju... |
06.05.2024 | 2024 Gartner® Voice of the Customer Report Named Whatfix a Customers' Choice for Digital Adoption Platforms | Bangalore, Karnataka, India
Whatfix, the global digital adoption platforms (DAP) leader, has been recognized as a Customers’ Choice in the Gartner report. This distinction placed Whatfix in the top-right section of Peer Insights Quadrant, t... |
03.07.2023 | MINDSPRINT announces Dharmender Kapoor (DK) as its new Chief Executive Officer | MINDSPRINT, previously known as Olam Technology and Business Services (global capability center for Olam), was launched in February 2023 as an independent organization to enable technology and business transformation to companies beyond the... |
11.04.2023 | Dairy-Free Products Drive the Plant-Based Category, But They Have A Retention Problem, Survey Finds | 3 Mins Read A new report finds that while the demand for dairy-free options continues to rise, consumers aren’t sold on the options.
More than 80 percent of consumers surveyed by Olam Food Ingredients (OFI) said they use plant-based product... |
06.04.2023 | One-third of consumers can’t find a plant-based dairy product they like, survey finds | Dive Brief:
One-third of consumers said they have not found a plant-based dairy product they like, according to a survey from ingredients provider Ofi.
Plant-based dairy options remain popular, with 64% of those surveyed purchasing at least... |
23.12.2022 | Olam Group completes $1.24 billion stake sale in agri unit to Saudi firm | SINGAPORE : Singapore's commodity trader Olam Group said on Friday it had completed the sale of a 35.43 per cent stake in its unit Olam Agri to Saudi Agricultural and Livestock Investment Co (SALIC) for $1.24 billion.
The deal, which was fi... |
11.08.2022 | The Week in Agrifoodtech: Afresh grabs $115m to fight food waste, rural fintech firm Jai Kisan lands $50m | While $100 million-plus foodtech funding rounds are less common these days, Afresh managed to close one this week for its operating system that reduces supermarket food waste. Fintech startup Jai Kisan raised funds to help rural businesses ... |
09.03.2022 | BREAKING: Brightseed discovers compounds in waste hemp hulls that could help fight fatty liver disease | Disclosure: AFN’s parent company, AgFunder, is an investor in Brightseed.
Brightseed, a US startup exploring novel health and nutrition uses for plants, has discovered phytochemicals in waste hemp seed shells which could be used to treat me... |
04.02.2022 | Olam International : food ingredients (“ofi”) announces the appointment of Patrick Coveney and Amanda Sourry to its Board of Directors | London
ofi, a global leader in naturally good food & beverage ingredients, today announces the appointment of two Non-Executive Directors to its Board of Directors ("the Board"). ofi was created in early 2020 following the ann... |
27.01.2022 | Olam International Limited Secures Multiple Bank Facilities Aggregating USD 4.0 Billion | Olam International Limited (Olam) announced that it has secured multiple bank facilities aggregating USD 4.0 billion, as it continues to progress on its Re-organization Plan. The facilities comprise a USD 1.5 billion committed facility wi... |
25.01.2022 | Olam International : prices US$275 million US private placement | About Olam International
Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribu... |
12.01.2022 | Olam calls on Brightseed’s AI to uncover health properties of garlic & pepper | Disclosure: AFN’s parent company, AgFunder, is an investor in Brightseed.
Olam Food Ingredients (OFI), a division of Singapore-based agribusiness and commodities giant Olam, has partnered with US foodtech startup Brightseed to explore poten... |
12.01.2022 | Olam International : Artificial intelligence will look to identify novel health properties and potency in ofi black pepper and garlic supply | Brightseed and ofi announce partnership to explore health benefits in popular spices
San Francisco and Chicago
Medical research has shown that there are bioactives in black pepper and garlic that are known for their medicinal qualities. How... |
07.12.2021 | Olam International : secures US$150 million SOFR-pegged club loan | About Olam International
Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribu... |
07.12.2021 | DBS : Olam secures USD SOFR-pegged club loan of USD 150 million with DBS and ICBC | Olam secures USD SOFR-pegged club loan of USD 150 million with DBS and ICBC
Singapore, 07 Dec 2021 - Global food and agri-business company Olam International Limited (Olam) has secured one of Singapore's first club loans referencing the USD... |
07.12.2021 | General Announcement::Olam secures US$150 million SOFR-pegged club loan | News Release
Olam secures US$150 million SOFR-pegged club loan
Singapore, December 7, 2021 - Leading global food and agri-business Olam International Limited ("Olam'') has secured one of Singapore's first club loans (the "Facility... |
07.12.2021 | Coffee, bees, and an appetite for more: how can we shift the sustainability lens from ambition to action? | By Vivek Verma, CEO coffee and Juan Antonio Rivas, Senior Vice President & Global Head -Sustainability and Business Development - Coffee at ofi (olam food ingredients)
It has been one year since we announced our public commitments for a... |
01.12.2021 | Asset Acquisitions and Disposals::Acquisition of 10% of Saudi flour mill company completed | News Release
Acquisition of 10% of Saudi flour mill company completed
Transaction completed by consortium of National Agricultural Development Company, Al Rajhi International for Investment Company, Ajlan & Bros and Olam International
O... |
01.12.2021 | Olam International : secures US$150 million loan to purchase sustainable cotton under the Better Cotton Initiative | About Olam International
Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribu... |
01.12.2021 | Olam International : Ofi says partnerships are key to safeguarding human rights in hazelnut supply chains | London
Call for collaboration comes as ofi launches sustainability commitments to improve transparency and tackle poor labor conditions in hazelnut communities
ofi ("olam food ingredients"), a global leader in natural and sustaina... |
19.11.2021 | Olam International : food ingredients (“ofi”) publishes further information for investors | About ofi
olam food ingredients ("ofi") is a new operating group born out of Olam. ofi offers sustainable, natural, value-added food products and ingredients so that consumers can enjoy the healthy and indulgent products they love... |
18.11.2021 | Olam International : food ingredients (“ofi”) announces the appointment of Belinda Richards, Brian May and Penny Hughes to its Board of Directors | About ofi
olam food ingredients ("ofi") is a new operating group born out of Olam. ofi offers sustainable, natural, value-added food products and ingredients so that consumers can enjoy the healthy and indulgent products they love... |
17.11.2021 | Fieldin acquires Midnight Robotics to make farm management more autonomous | Disclosure: AFN’s parent company, AgFunder, is an investor in Fieldin.
Digital ag company Fieldin has acquired Midnight Robotics for an undisclosed sum. The acquisition will add a layer of autonomous driving capabilities to Fieldin’s sensor... |
17.11.2021 | BREAKING: Fieldin acquires Midnight Robotics to make farm management more autonomous | Disclosure: AFN’s parent company, AgFunder, is an investor in Fieldin.
Digital ag company Fieldin has acquired Midnight Robotics for an undisclosed sum. The acquisition will add a layer of autonomous driving capabilities to Fieldin’s sensor... |
15.11.2021 | Olam International Limited Secures Multi-Tranche Revolving Credit Facility Aggregating USD 1,250 Million | Olam International Limited (Olam) has secured a multi-tranche revolving credit facility aggregating USD 1,250 million (the "Facility"). Olam's wholly-owned subsidiary, Olam Treasury Pte. Ltd. (OTPL), is a co-borrower in the Facili... |
15.11.2021 | Olam International : secures a US$1,250 million multi-tranche debt facility | About Olam International
Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribu... |
10.11.2021 | Citi Supports Olam International with ESG Trade Loan for Sustainable Rice Farming | Hong Kong/Mumbai - Citi Asia Pacific announces the conclusion of an Environmental, Social and Governance (ESG) Trade Loan to support Olam International Limited (Olam) in India. A first for Citi in the region and Olam in India, the loan will... |
26.10.2021 | Olam food ingredients (ofi), Mondelēz International, Partnerships for Forests and The Nature Conservancy scale up efforts to restore forest in the Amazon | London/ São Paulo
olam food ingredients (ofi), a global leader in natural and sustainable ingredients and solutions, Mondelēz International, Partnerships for Forests (P4F) and The Nature Conservancy (TNC) ("the partners") have ann... |
21.10.2021 | Making it real: olam food ingredients (ofi) launches new brand to underline its customer proposition | ofi remains on track for an IPO in H1 2022
London
olam food ingredients ("ofi"), a global leader in natural and sustainable food ingredients and solutions, has just revealed its new brand. The identity taps into themes and colors ... |
06.10.2021 | Olam International : secures a JPY 26.7 billion medium-term samurai loan facility | 06 Oct 2021 - Olam secures a JPY 26.7 billion medium-term samurai loan facility
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29.09.2021 | Olam International : New spice blends give manufacturers flavor for sensory experiences inspired by regional cuisines of the Americas | Olam Food Ingredients (OFI) launches 17 new spice blends that celebrate the varied and vibrant flavors of the Americas
Designed for culinary, savory and snacking applications - the new blends aim to help manufacturers innovate with authenti... |
09.09.2021 | Olam International : announces the appointment of Niall FitzGerald KBE DSA as Chair of the Board of Directors of Olam Food Ingredients | About OFI
OFI is a new operating group born out of the reorganization of the Olam Group. OFI offers sustainable, natural, value-added food and beverage ingredients and solutions so that consumers can enjoy the healthy and indulgent products... |
03.09.2021 | Olam International : Empowering women in agriculture | Agriculture has historically been a male-dominated sector, which is why Rusmolco is committed to championing agriculture as a fulfilling career for men and women. We do that by encouraging more women to enter the sector, giving them the sup... |
01.09.2021 | Fieldin raises $30m Series B to scale its specialty crop management platform | Disclosure: AFN’s parent company, AgFunder, is an investor in Fieldin.
US and Israel-based digital ag startup Fieldin has raised $30 million in Series B funding.
The round was led by Fortissimo Capital, with Zeev Ventures, Icon Ventures, Ma... |
31.08.2021 | Olam International Limited Secures USD 5.2 Billion Financing as It Progresses on Its Re-Organisation | Olam International Limited announced that it has secured three committed loan facilities aggregating USD 5.2 billion. The three facilities comprise a USD 1.2 billion 3-year term loan and two 18-month bridge loan facilities of USD 2.0 billio... |
31.08.2021 | General Announcement::Olam secures landmark US$5.2 billion financing as it progresses on its Re-organisation | News Release
Olam secures landmark US$5.2 billion financing as it progresses on its Re- organisation
Singapore, August 31, 2021 - Leading global food and agri-business, Olam International Limited ("Olam'') announced today that it has s... |
27.08.2021 | Olam International : Supporting sustainable livelihoods | Many Russians raised in rural communities find it difficult to secure well paid employment opportunities in their hometowns and move away to cities to find work, sometimes miles away from their families and loved ones. That is why we create... |
13.08.2021 | Olam International : announces Olam Food Ingredients' intention to seek primary listing on the London Stock Exchange, with concurrent listing in Singapore | Olam Food Ingredients ('OFI') is on track for an IPO in H1 2022
OFI intends to pursue a primary listing on the premium segment of the London Stock Exchange ('LSE'), and a concurrent listing on the Singapore Exchange ('SGX')
OFI delivered st... |
13.08.2021 | Olam International Reportedly Looking to Raise About $3 Billion Via London IPO | Olam International Limited (SGX:O32) is considering raising about £2 billion ($2.8 billion) through the IPO of its food ingredients unit in London, which is set to take place next year, sources familiar with the matter told Reuters on Augus... |
13.08.2021 | Olam International : reports record Operational PATMI for H1; Re-organisation progresses with OFI listing venues decided | ---------
1 Operational PATMI is Net Profit After Tax and Minority Interest excluding exceptional items, which are one-off and non-recurring
2 Refer to news release at https://www.olamgroup.com/news/all-news.html entitled 'Olam Internationa... |
30.04.2021 | Singapore’s Olam To Buy U.S. Spice Maker For $950 Million Ahead Of Unit’s IPO | Sunny Verghese, CEO and cofounder of Olam International, speaks during a news conference in ... [+] Singapore, on August 14, 2017.Nicky Loh/Bloomberg |
15.03.2021 | The Next Green Revolution: Digital Cash | Managing Director, Olam International, plays a lead role in the company's initiative to reimagine global agriculture and food systems |
23.02.2021 | Brief: Driscoll’s partners with foodtech startup Consumer Physics to measure sweetness in berries | US berry producer Driscoll’s is teaming up with Israeli startup Consumer Physics to measure strawberry sweetness. Consumer Physics will apply its SCiO technology, which uses near-infrared spectrometers and cloud-based software, to Driscoll’... |
17.12.2020 | Smallholder Farmers Could Write Tech's Future | Managing Director, Olam International, plays a lead role in the company's initiative to reimagine global agriculture and food systems |
09.12.2020 | Mitsubishi joins Mosa Meat’s second Series B close at $20m | Mosa Meat, the Netherlands-based startup that built the world’s first ‘lab-grown’ beef burger back in 2013, has announced a second closing of its Series B round at $20 million.
That takes its total for the round so far to $75 million, follo... |
07.12.2020 | Plant-based Takes Centre Stage at Fi Europe Innovation Awards | At Fi Europe CONNECT 2020, the Fi Europe Innovation Awards and the Startup Innovation Challenge saw Plant-based and alternative ingredients taking centre stage in both awards, with winners presenting healthier plant proteins, fungal-derived... |
04.11.2020 | Former Walmart Exec’s Startup Uses AI To Battle Spoiled Produce Deliveries | Hwy Haul uses a digital platform to match shipments with truckers.Hwy Haul |
04.08.2020 | Noroo wants to power Asia’s smallholders and vertical farmers with its ‘seed to table’ model | South Korean chemicals company Noroo Holdings has unveiled its new global agri-solutions hub in Singapore, which will become the center of its agribusiness operations and its efforts in agritech and alt-protein.
Since incorporating in the c... |
19.06.2020 | Olam banks $250m financing linked to sustainability KPIs | Olam has secured a $250 million loan requiring the company, which works extensively with smallholders in Asia and other emerging markets, to meet several sustainability-themed key performance indicators (KPIs).
The Singapore-based agribusin... |
05.06.2020 | Singapore’s Agrocorp gets $50m sustainability loan to enhance Covid-stricken food supply | Singapore-based agribusiness Agrocorp has received a $50 million borrowing base facility from Dutch financial institutions FMO and Rabobank. The loan is intended to “ensure a continuous flow of food from farmers to end-consumers” amid the C... |
19.05.2020 | Olam CFO explains how agribusiness is going digital to beat Covid-19 | Olam set up a “war room” consisting of top execs and senior managers to tackle the immediate effects of Covid-19 on agrifood supply chains, said the company’s chief financial officer and managing director Neelamani Muthukumar at an online c... |
17.05.2020 | Olam secures $176m financing to foster digital adoption among Asian smallholders | Singapore-based agribusiness Olam has secured loans worth $176 million from International Finance Corporation (IFC) – the World Bank‘s investment arm – and the Japan International Cooperation Agency (JICA).
Olam will deploy the capital to b... |
30.04.2020 | AgFunder Digitalk #2: Asian agri-foodtech & sustainability amid food security challenges | Covid-19 started in Asia, and the region was the first to feel the social and economic impacts of the disease as it spread worldwide. It’s also where businesses, entrepreneurs, investors, and governments have spent the most time dealing wit... |
06.12.2019 | Asian Investors Are Increasingly Looking To Do Good But ‘Impact Washing’ Remains A Concern | 1
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Impact investment is on the rise in Asia, as the younger generation of investors are looking for a more holistic approach that takes into account positive social and environmental returns. This marks a shift away from ... |
25.09.2019 | World Bank, Tesco, Sodexo, pledge to combat food loss and waste | Over at the Apella Restaurant on 29th St in New York City, big wigs from the World Bank and major retailers announced landmark developments toward halving food loss and waste by 2030, keeping in line with the UN’s Sustainable Development Go... |
24.09.2019 | What’s happening at Climate Week NYC? Keep track of major agrifood announcements here | Announcements are coming thick and fast out of Climate Week NYC as a range of organizations take advantage of the spotlight to push forward their environmental agendas. This NYC-based author has invitations to several climate week-related e... |
02.09.2019 | Africa Roundup: Goldman backs Kobo360, Rwanda commits to EVs, Interswitch IPO update | Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks.
The company — with an Uber-like app that connects truckers and ... |
14.08.2019 | Nigerian logistics startup Kobo360 raises $30M backed by Goldman Sachs | Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks.
The company — with an Uber -like app that connects truckers... |
15.04.2019 | How a Little Sensor is Making a Big Impact on the Global Cocoa Industry | Handheld near-infrared spectral imaging devices are giving cocoa farmers and processors a way to set fairer prices in a matter of seconds while also cutting out the middlemen
Singapore-headquartered agrifood business Olam International has ... |
07.12.2018 | Nigerian logistics startup Kobo360 raises $6M, expands in Africa | Jake Bright Contributor
Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.
More posts by this contributor
African fintech startup Chipper Cash raises $30M backed by Jeff Bezos
Nigeria’s Autochek raises ... |
07.11.2018 | Why Olam is Deploying Tech First, Then Thinking About CVC | “We have realized that some companies have gone down the wrong path by adopting the approach of inventing the problem. They find a technology that’s exciting and try to force-fit that technology for a problem that they don’t have. This is w... |
28.06.2018 | Nigerian logistics startup Kobo360 accepted into YC, raises $1.2 million | Jake Bright Contributor
Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.
More posts by this contributor
African fintech startup Chipper Cash raises $30M backed by Jeff Bezos
Nigeria’s Autochek raises ... |
08.12.2017 | Can Technology Get Slavery Out of Food Supply Chains? | Modern slavery is back at the top of concerned consumers’ minds again after slave auctions in Libya were caught on camera and widely shared last month. Just after the video went viral, The Institute for Agriculture and Trade Policy (IATP) i... |
12.07.2017 | Olam Creates Agtech Platform to Connect with Smallholder Farmers in its Supply Chain | For a large, global agribusiness operating across continents and agricultural commodities like Olam International, accessing detailed information about the people and operations supplying the business, is a struggle.
Olam, which is headquar... |
18.11.2016 | Ag Industry Brief: Pessl Partners with Huawei on IoT for Ag, Olam Deploys Phytech, IntelinAir Adds New CoFounder, more | PessI Instruments & Huawei Partner to Develop IoT-Based Farming Solutions
Austrian agriculture sensor company Pessl Instruments has partnered with Chinese mobile technology company Huawei to develop new products focused on capturing the... |
06.08.2015 | Fundings in Brief: Food E-Commerce Delivers $4.7m as TIAA-CREF Breaks Farmland Fund Record | This week saw the launch of two food e-commerce related fundings, two new agriculture funds, and a big play on chocolate.
Turkish Online Food Delivery Service Meal Box Nabs $3.4m Venture Capital Financing
Based in the world’s fifth largest ... |
- | Olam | “Explore the food ingredients and agricultural commodities Olam offers customers around the world through our global footprint and team of experts.” |
- | Survey reveals Covid-19’s devastating impact on farmers | Covid-19 has disrupted food suppliers around the world. According to a new survey by agribusiness Olam International, one of the world’s largest suppliers of cocoa, coffee, cotton and rice, farmers across the world are suffering severe repe... |