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Skol

SKOL Brewery opens new bottling line in Rwanda, doubles capacity

SKOL Brewery Rwanda has launched a $10m packaging line, which it claims is the most efficient filling plant in East Africa. The new line increases the Kigali brewery’s bottling capacity from 450,000 hectolitres to more than a million hectoliters annually. Skol …
SP

Société Pétrolière and bakery chain Brioche launch new outlets in Rwanda

Leading Rwandan forecourt retailer Société Pétrolière (SP) has revealed its new partnership with Brioche, a Rwandan cafe and bakery chain. The new retail offer, Brioche On-The-Go!, has been launched at two service stations in Kigali, with plans to roll out more outlets …
Jumia logo

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 – …
Africa eShop

DHL partners with MallforAfrica to offer new online retail app

DHL is the latest company to try to offer a window for retailers to sell into African markets. The logistics company has partnered with MallforAfrica to launch its Africa eShop app in 11 countries, providing a platform for more than 200 …