filters-icon filters-icon

FILTERS

Switch Country

Glovo

Online food and grocery ordering app Glovo enters Ghana

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’s Fan Milk in Ghana sees revenues fall 12% in 2020

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 set to enter new African markets

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 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 …

“Unapologetically African” spirits brand Aphro launches in Ghana

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 …

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 …
Jumia logo

Jumia opens up its logistics network to third parties across 11 countries

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 …
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 …

Spar enters Ghana, takes over Citydia’s network of 17 stores

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 …