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Pharma ordering platform Chefaa raises over $1m pre-Series A funding

Founded in May 2017, Chefaa is an Egyptian startup that allows users to order medical products and schedule deliveries. It has raised over $1m in a pre-Series A funding round. The company currently serves nine Egyptian cities, including Delta and Upper …
Jumia logo

Jumia Kenya opens up its logistics network to external clients

Jumia Kenya has opened up its logistics network to third parties, seeking to appeal to companies looking for more reach during the COVID-19 pandemic. In Egypt, Jumia has announced an agreement with the country’s five largest banks to offer interest-free installment services …

PepsiCo announces plans to invest $100m in its Egypt factories

PepsiCo has announced plans to invest nearly $100m this year into Egypt as part of an expansion plan. Overall, the company plans to invest $515m between 2018 and 2021 into its most important market in Africa. As part of its investment, …
DHL logo

DHL Express takes a minority stake in online retail platform Link Commerce

DHL Express has taken a minority stake in Link Commerce, the UK-based e-commerce platform that sits beneath MallforAfrica.com and DHL’s Africa eShop service. DHL is betting on a fundamental change in purchasing behaviours in the wake of the COVID-19 pandemic, which …

BIM – no new stores planned in Egypt in 2020, focus on sales growth

BIM’s Q1 2020 results presentation has revealed that the company has opened up 9 stores in Morocco in Q1 2020 and that its improved profitability is approaching target. The company is sticking to its plan of opening no new stores …

Coronavirus in Africa – an update and what it means

At Trendtype we have decided to put our thoughts down on paper, as it were. Headline: there are lots of reasons to believe that African countries may emerge from COVID-19 in better (or less worse) shape than developed economies in …

EBRD offers $100m loan to Almarai dairy to expand in Egypt and Jordan

The European Bank for Reconstruction and Development (EBRD) has offered a $100m to Saudi dairy and soft drinks company Almarai Company to finance expansion in Egypt and Jordan. The funds will be used to increase production capacity for its Beyti …
2020 forecasts

Trendtype’s 2019 year in review and 2020 forecasts

So here are our big themes in 2019 and a look ahead to 2020. It’s been another eventful year in African consumer and retail markets in 2019. Some big retail players coming unstuck In grocery retail, some big players have come …
Majid Al Futtaim logo

Carrefour franchisee Majid Al Futtaim to invest nearly $1bn in Egypt

Carrefour’s Middle East and East African franchisee Majid Al Futtaim will invest EGP16bn ($996.3m) in the country over the next 3 years. EGP14bn ($866.2m) of the EGP16bn will be spent on one mega mall. Trendtype analyses where the spend will …
Egypt country profile

Egypt Country Profile

This report provides key information on Egypt. It covers the economic landscape, key demographic indicators, living standards and income as well as logistics and infrastructure.

MaxAB_logo

Egyptian online grocery marketplace MaxAB raises $6.2m in seed funding

Cairo based startup MaxAB has raised $6.2m in seed funding. The company provides a B2B online platform to helps small grocery store owners manage procurement and delivery of goods. The company was founded in 2018 and already has 270 employees, and 9,000 retailers …
Spinneys

Spinneys opens new hypermarket in Egypt’s Mall of Tanta

Spinneys has opened a new 4,100m² hypermarket in the Mall of Tanta, in Egypt’s Gharbeya Governorate. The new store has a 15 year lease and is the company’s 14th outlet in Egypt and will compete directly with Carrefour’s Tanta hypermarket. The …