filters-icon filters-icon

FILTERS

Switch Country

Italian supermarket chain CRAI reportedly set to enter Egypt

Egyptian media is reporting that Italian retailer CRAI has signed an agreement to bring the CRAI format or products to Egypt. The company has signed a Memorandum of Understanding (MoU) of GRG Group. The move would mark its third market outside …
Nigerian dairy industry

Egyptian cheese company Domty and FrieslandCampina form partnership

Egyptian cheese producer Domty and FrieslandCampina have signed an MoU to explore joint business opportunities in Africa. The companies plan to collaborate to export cheese to other African countries. Domty was founded in 1988 in Egypt. It is a leader in the Egyptian …
Jumia logo

Jumia Q2 results – losses narrow, consumer numbers grow

Internet retailer Jumia’s Q2 results show losses are narrowing, consumer numbers have grown and the COVID-19 pandemic has been a mixed blessing – driving sales of FMCG products but hitting big ticket items, discretionary products and Jumia Food, its food …

Egyptian B2B ecommerce platform Fatura raises $1m+ funding

Cairo-based B2B ecommerce marketplace Fatura has raised more than $1m in a seed round led by Egyptian venture capital firm Disruptech. Founded in 2019, Fatura connects FMCG wholesalers with small retailers via a mobile app, allowing retailers order from a …

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 …

Egyptian retail platform Brimore raises $3.5m in pre-Series A round

Brimore, a digital platform that connects consumer goods manufacturers with a network of direct sales agents, has raised $3.5m in a pre-Series A round. Brimore’s network has sales agents, most of whom are women, in 27 governates in Egypt. Brimore …

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 …