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 …

Land’Or, Tunisian dairy processor specializing in cheese making has received €10.9 million (US$12.89m) loan financing from the European Bank for Reconstruction and Development (EBRD) to support its expansion in Tunisia and investment in Morocco. Land’Or has been part of the EBRD …

DHL Express has taken a minority stake in Link Commerce, the UK-based e-commerce platform that sits beneath MallforAfrica.com and DHL’s Africa eShop service. DHL is betting on a fundamental change in purchasing behaviours in the wake of the COVID-19 pandemic, which …

BIM’s Q1 2020 results presentation has revealed that the company has opened up 9 stores in Morocco in Q1 2020 and that its improved profitability is approaching target. The company is sticking to its plan of opening no new stores …

At Trendtype we have decided to put our thoughts down on paper, as it were. Headline: there are lots of reasons to believe that African countries may emerge from COVID-19 in better (or less worse) shape than developed economies in …

The problem is retail development rankings are useless. Worse than useless, actually. We explain why we don’t trust AT Kearney’s Global Retail Development Index when it comes to Africa. A few years ago we wanted to build a retail market …

Africinvest’s Maghreb Private Equity Fund IV (MPEF IV) has acquired 1.8 million new shares, representing 16.20% of the capital of the Tunisian dairy company Land’Or. Land’Or is a local market leader in processed cheese and owner of the Land’Or, Fondue, and …

So here are our big themes in 2019 and a look ahead to 2020. It’s been another eventful year in African consumer and retail markets in 2019. Some big retail players coming unstuck In grocery retail, some big players have come …

Spanish fashion retailer Mango has opened a new store in one of Luanda’s prime shopping malls, Avennida Morro Bento. Just one year after exiting Morocco, Mango is also in discussions to build a store network in the country with Nike …

Peer to peer farmer network and marketplace WeFarm has raised $13m in Series A round of funding. The round was led by True Ventures, with AgFunder and June Fund also investing. It means WeFarm has raised a total of $20m to …

This week airport retail operator Dufry has unveiled its revamped duty free retail sites at Casablanca and Marrakesh airports. Competitor Lagardère has also revealed more about its plans to expand in Africa and has acquired a diplomatic duty free outlet in …

Investment firm Tana Africa Capital has taken a minority stake in Palmagri, a Moroccan producer of red fruits, dates and roses. It has invested MAD200m ($20.6m) in Palmagri’s red fruit subsidiary. Palmagri was founded in 2013 and started its first exports …