Glovo, the online ordering app, has entered Ghana. It is its second market in West Africa (after Côte d’Ivoire) and its fifth market in Africa. Glovo is also in Kenya, Uganda and Morocco. It exited Egypt in January 2020. For now, …

Danone subsidiary Fan Milk Ghana has reported a 12% fall in revenues in 2020 to GH¢373.6m ($65.0m). The company has blamed the COVID-19 pandemic, which saw its street vendors unable to operate during the lockdown in April 2020. Although the cost …

Streaming service Spotify is expanding into more than 80 new country markets, as well as adding 36 new languages to its platform. The expansion will include 40 African countries, including Angola, Cameroon, Côte d’Ivoire, Kenya, Tanzania, Uganda, Ghana and Nigeria. Spotify …

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 …

High profile Ghanaian palm spirit brand Aphro has officially launched in Accra. The premium brand has reportedly been backed by seven investors, including Nigerian musician Peter Okoye (who is referred to as a co-founder). Aphro Beverages is the brainchild of …

Diageo has opened a new “House of Walker” concept bar and retail store in Accra, Ghana. The store is located in the upmarket One Airport Square shopping mall. Officially part of the celebration of the 200 year anniversary of the brand, …

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 …

Jumia is opening up its logistics network to third party businesses in 11 countries. The move means the internet retailer will offer its platform and network, enabling companies to use its final mile delivery capabilities. Prior to the announcement, Jumia …

Pick n Pay has reconfirmed that its long awaited entry into Nigeria will take place with local conglomerate AG Leventis. The company has also revealed plans to double store numbers of its discounter format Boxer to 600 within the next …

Shoprite has confirmed it will close its two remaining stores in Kenya, in an otherwise impressive set of annual results that have seen group sales increase by 6.4% to R156.9bn ($9.32bn) in the 52 weeks to 28th June 2020. There is …

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 …

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 …

Spar has entered Ghana, taking over Citydia’s network of 17 stores and partnering with EcoDi (Economic Distribution Company Ghana), which launched the Citydia chain in the country in 2015. The launch will see EcoDi convert 17 existing Citydia supermarkets in and around …

Ghana’s government has granted Kasapreko, a major local manufacturer of spirits and soft drinks, a $28m tax waiver. The waiver has been granted under the 1D1F (one District, one Factory) program. The tax waiver will be used to fund the restart operations …