filters-icon filters-icon

FILTERS

Switch Country

Kraft Heinz buys Assan Foods to help accelerate growth in Africa

Kraft Heinz will purchase Assan Foods from Turkish conglomerate Kibar Holding, for approximately $100m. Assan Foods manufactures table sauces and has been a production partner for Kraft Heinz since 2019. Kraft Heinz plans to use Assan Foods to expand its presence …
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.

Ports operator DP World launches a new ecommerce platform in East Africa

Dubai-based DP World, the ports operator with operations in Senegal, Egypt, Mozambique, Somaliland, Rwanda, Algeria and DRC, has launched a new e-commerce platform in East Africa. The platform, called Dubuy,  allows vendors to connect with buyers in African markets. The delivery …

Egyptian snack manufacturer Edita secures $5.7m in funding

Edita Food Industries, an Egyptian market leader in snack foods, has secured financing contract EGP90m ($5.7m) from the National Bank of Kuwait (NBK). The loan will be used to develop new production lines and improve production quality. The loan is …

Ever Given, the Suez blockage and the impact on African consumer markets

On Tuesday 23rd March, the 400-meter, 224,000-tonne Ever Given container ship ran aground at the south end of the Suez Canal, blocking it completely. As it’s firmly grounded on both banks, efforts to refloat it are underway but it will take time. Some …

Facebook set to launch Instagram Lite in Africa

Facebook has announced the launch of Instagram Lite in sub-Saharan Africa. This lightweight version of the Instagram app, which is being rolled out in 170 countries, uses less data and is better suited for lower quality mobile networks. Instagram Lite …
Africa dot map

The Implications of the AfCFTA

This report provides in-depth data on the implications and impact of the African Continental Free Trade Area.

Carrefour MAF

Majid Al Futtaim plans to open more than 100 Carrefour stores in 2021

Majid Al Futtaim (MAF) has revealed plans to open more than 100 Carrefour stores this year across the Middle East, Africa and Eastern Europe in 2021. The new store openings would see its total store network rise from 358 stores …
Unilever Africa

Unilever’s nano-factory and the future of FMCG manufacturing in Africa

Unilever engineers have created a prototype nano factory capable of fitting in a 40ft container. The prototype can take raw materials, process them, package and label them. It is currently being trialed in the Netherlands, producing liquid bouillon. Unilever says …

Hikma Pharmaceuticals in talks to buy GSK’s business in Egypt and Tunisia

Hikma Pharmaceuticals is in talks with GlaxoSmithKline (GSK) to take over GSK’s pharmaceutical, consumer commercialisation and manufacturing business in Egypt and its drugs business in Tunisia. The deal is subject to further due diligence and approval from regulators. Hikma announced the …

French products boycott spreads to Egypt, likely to go further

The boycott of French goods by consumers in Muslim countries has reached Egypt, a key market for French supermarket chain Carrefour, as well as several major French FMCG brands including Danone and L’Oréal. We think there is a risk the …