financing

Evolved By Nature raises US$120 million in Series C funding

Published: July 1, 2022

Biotechnology company Evolved By Nature has succeeded in raising US$120 million in its Series C financing.

Tanzanian minister proposes tax cuts to set up leather processing factories

Published: April 15, 2021

The Ministry of Livestock and Fisheries has requested a 50% tax cut on imported leather processing machines to save 98% of hides which would otherwise go to waste due to poor quality.

Adidas places first sustainability bond

Published: October 5, 2020

The global sportswear manufacturer announced it has successfully placed its first sustainability bond as it continues to execute on its ambitious long-term sustainability roadmap while at the same time further optimising its capital structure and financing costs.

Clarks considers permanently closing stores

Published: April 7, 2020

The UK headquartered footwear manufacturer and retailer is reported to be considering the permanent closure of some of its stores and has called in bankers to advise on strategies.

Puma helps finance suppliers in emerging markets

Published: April 21, 2016

Sports brand Puma has set up a partnership with the International Finance Corporation (IFC) to offer financial incentives for suppliers in emerging markets to improve environmental, health and safety and social standards