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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 …
Glovo

Delivery app Glovo plans to roll out a B2B logistics network

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 …

Kenya Breweries Limited (KBL) launches Chrome Gin

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 …

The Saudi-Turkey spat and what it means for grocery retail in Africa

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 payment platform Digiduka launches, to help informal retailers go online

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 …
Carrefour MAF

Majid Al Futtaim set to open 3 new Carrefour supermarkets in Mombasa

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. …
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 …

DOB Equity increases its investment in Tanzanian dairy Tanga Fresh

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 reportedly raises $18.5m short term loan from a Mauritius PE firm

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 …
Uganda milk

Ugandan dairy company targets Ethiopia, Malawi and South Sudan

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 …
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 …