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Jumia has tripled in value within one week. We look at why.

Jumia’s IPO saw its share price rose by 75% on Day 1. Shares were priced at $14.50 before the IPO. Five days later they are trading at $43, valuing the business at more than $3bn. What are the company’s prospects …

Remittances to Africa rose by 11.7% to $86bn in 2018

If remittances to Africa were an economy, they would be the 6th largest in Africa, ahead of Kenya in the rankings. Within Africa, the largest recipient of remittances is Egypt ($29bn) – equivalent to almost 12% of its GDP. Note – …
AfCFTA Ratified

The Africa Continental Free Trade Agreement is set to come into force

The Africa Continental Free Trade Agreement (AfCFTA) has now been ratified by 22 countries, meeting its minimum threshold to come into force. It will create the world’s largest free trade zone, covering 1.2bn people and a combined GDP of $2.5 trillion. …

Sefalana

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Shoprite

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Walmart

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Pick-n-Pay

Pick n Pay

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Fast Food Lesotho

The Top Fast Food Chains in Lesotho

Trendtype data on the leading fast food chains in the Lesotho. Our unique data identifies every fast food, casual dining and coffee shop chain and allows users to search by cuisine, location, chain and brand owner.
Sefalana Group

Sefalana achieves “best ever” financial results

Botswana’s Sefalana Group has announced financial results for the year ended 30 April 2018 and called them “the best ever in the history of Sefalana”. Sefalana was founded in 1974 as a chain of 6 wholesale stores and a maize …