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Nigeria’s president Buhari proposes banning the use of fx for food imports
President Muhammadu Buhari has asked the Central Bank of Nigeria to stop providing funds for food imports. It follows July’s announcement that the bank would ban access to foreign exchange for the importation of milk and is part of a wider trend that …
Tolaram Group launches Goodlife Majik fruit drink in Nigeria
Tolaram Group, partner to Kellogg’s and the manufacturer of the ubiquitous Indomie Noodles in Nigeria, has launched the Goodlife Majik fruit drink brand in three variants into Nigeria’s $165m fruit juice market. The brand, which is aimed at kids and …
Beer news: Heineken, Nigerian Breweries and local beer in Rwanda
Beer in Africa news roundup: Heineken invests in South Africa to take on AB InBev; Rwandan MPs change their tax regime to incentivise brewers to source raw materials locally. Nigerian Breweries’ profits tank as it blames the operating environment and …
Cadbury Nigeria’s H1 2019 profits jump 258%… to $0.2m
Cadbury Nigeria has reported profits of N68.2m ($0.19m) for the six months to end June 2019. It represents a 258% increase from the same period last year, which saw a loss of N318m ($0.88m). The growth in profit has been underpinned …
PZ Cussons looks to simplify its Nigerian business, sell off brands
PZ Cussons’ Africa annual revenues declined by 9.8% to $306.7 million in 2018 from $340.1 in 2017, while Operating Profit fell 77.7%. Blaming tough economic conditions, the company is seeking a major overhaul of its Nigerian operations and possibly a brand …
PepsiCo agrees to buy South Africa’s Pioneer Foods for $1.8bn
Pepsico has offered R110 ($7.89) a share – a premium 56% over Pioneer Food’s last closing price – to acquire it. Pioneer is a leading South African food manufacturer whose brand portfolio includes Weet-Bix and Bokomo (cereals), Liqui-Fruit and Ceres (fruit juice), Sasko (baked goods), Spekko …
Coffee Shop Chains in Africa
This report provides the most up to date analysis of the leading coffee shop chains in Africa. This report includes key benchmark data, such as main players, key markets, number of outlets and per capita spend, throughout Africa and regionally.
Fried Chicken QSR Chains in Africa
This report provides detailed analysis of the leading fried chicken chains in Africa. This report includes key benchmark data, such as main players, key markets, number of outlets and per capita spend, throughout Africa and regionally.
Waffles and Crepes QSR Chains in Africa
This report provides detailed analysis of the leading waffles and crepes chains in Africa. This report includes key benchmark data, such as main players, key markets, number of outlets and per capita spend, throughout Africa and regionally.
Sandwiches and Wraps QSR Chains in Africa
This report provides detailed analysis of the leading sandwiches & wraps chains in Africa. This report includes key benchmark data, such as main players, key markets, number of outlets and per capita spend, throughout Africa and regionally.
Pizza QSR Chains in Africa
This report provides the in-depth analysis of the leading pizza chains in Africa. This report includes key benchmark data, such as main players, key markets, number of outlets and per capita spend, throughout Africa and regionally.
Mixed Format and Other QSR Chains in Africa
This report provides the most up to date analysis of the leading mixed format and other QSR chains in Africa. This report includes key benchmark data, such as main players, key markets, number of outlets and per capita spend, throughout Africa and regionally.
Juices and Smoothies QSR Chains in Africa
This report provides the most up to date analysis of the leading juices & smoothies chains in Africa. This report includes key benchmark data, such as main players, key markets, number of outlets and per capita spend, throughout Africa and regionally.
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