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 …

On demand delivery app Glovo, whose African markets are Morocco, Nigeria, Kenya, Egypt and Côte d’Ivoire, hs launched a new business unit called Q-Commerce (Q = Quick). The company plans to build a B2B delivery network that will see it sell …

Carrefour is set to open its 4th store in Cameroon on the 17th November and its second store in Uganda in December. The 3000m² Cameroon store, in Douala’s Grand Mall, will be its 3rd and largest outlet in the city. …

Kenya Breweries Limited (KBL) has launched its new line extension, Chrome Gin. It joins Chrome Vodka, which the company launched in December 2014. KBL has said the new spirit, which is 40% ABV and comes in 750 ml and 250 ml …

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 …

At face value, the deterioration in relations between Saudi Arabia and Turkey shouldn’t mean much for supermarket retailing in Africa. Except Turkish discounter BIM has large store networks in Morocco and Egypt and Saudi influence puts the supply chain to …

Kenyan startup Digiduka, which enables informal retailers to trade online, has launched in Nairobi. Its platform allows retailers to collect payments from customers via mobile app or USSD shortcode, and to get their products for sale online. Digiduka, which completed …

Majid Al Futtaim, which operates the Carrefour franchise in East Africa and the Middle East, has announced plans to open three new stores in Mombasa, Kenya. The new store openings will see Carrefour’s store network rise to 11 in Kenya. …

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 …

Dutch impact investor DOB Equity has increased its investment in Tanzanian dairy company Tanga Fresh. The new investment will be used to expand production capacity for its long life milk and build out its network of small dairy farmers. Tanga …

Tuskys, the struggling Kenyan supermarket chain, has reportedly agreed a Sh2bn ($18.5m) short term debt facility from an unnamed Mauritius-based private equity company. Details of the loan agreement, including interest rate, repayment period and whether or not it is secured, have …

Pearl Dairy Farm Limited (PDFL), the largest dairy processor in Uganda, is expanding into Ethiopia, Malawi and South Sudan. The company, which markets its products under the Lato brand, is also looking at export markets as far afield as Algeria. Pearl …

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 …