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Kraft Heinz buys Assan Foods to help accelerate growth in Africa

Kraft Heinz will purchase Assan Foods from Turkish conglomerate Kibar Holding, for approximately $100m. Assan Foods manufactures table sauces and has been a production partner for Kraft Heinz since 2019. Kraft Heinz plans to use Assan Foods to expand its presence …

Premier FMCG acquires confectionery manufacturer Mister Sweet

South African FMCG manufacturer Premier FMCG has acquired Mister Sweet, the sugar based confectionery division of Lodestone Brands. The deal, which was approved in May by the Competition Tribunal, will see Premier FMCG have a market share of over 13% of …

South African QSR operator Spur opens its first drive thru outlet

Spur Corporation, the South African QSR operator, has opened its first drive-thru restaurant in Pretoria. It is another example of innovation-led responses to consumer behaviour as a result of the COVID-19 pandemic, which has seen consumers and operators seek alternatives …

Clicks buys Pick n Pay’s pharmacy business in South Africa

Clicks Group is set to become the largest retail pharmacy network in South Africa, after it announced the acquisition of the retail pharmacy business of supermarket chain Pick n Pay. The new stores will be rebranded as Clicks. The deal is …

Shoprite’s Checkers opens its first standalone pet shop, Petshop Science

Shoprite’s premium banner, Checkers, has opened its first standalone pet shop. The new brand, called Petshop Science, will be located near to the Checkers Hyper store at Fairbridge Mall in Cape Town’s Brackenfell suburb. The new store comes at a …
South Africa country profile

South Africa Country Profile

This report provides key information on South Africa. It covers the economic landscape, key demographic indicators, living standards and income as well as logistics and infrastructure.

Ports operator DP World launches a new ecommerce platform in East Africa

Dubai-based DP World, the ports operator with operations in Senegal, Egypt, Mozambique, Somaliland, Rwanda, Algeria and DRC, has launched a new e-commerce platform in East Africa. The platform, called Dubuy,  allows vendors to connect with buyers in African markets. The delivery …

Ever Given, the Suez blockage and the impact on African consumer markets

On Tuesday 23rd March, the 400-meter, 224,000-tonne Ever Given container ship ran aground at the south end of the Suez Canal, blocking it completely. As it’s firmly grounded on both banks, efforts to refloat it are underway but it will take time. Some …
Shoprite Angola

Shoprite launches K’nect, its new mobile network

Shoprite has launched its new mobile network, K’nect. The network is designed to appeal to low income consumers with a simple tariff structure promising flat call and data rates. The service uses the mobile network infrastructure of Cell C, which …

Facebook set to launch Instagram Lite in Africa

Facebook has announced the launch of Instagram Lite in sub-Saharan Africa. This lightweight version of the Instagram app, which is being rolled out in 170 countries, uses less data and is better suited for lower quality mobile networks. Instagram Lite …
Africa dot map

The Implications of the AfCFTA

This report provides in-depth data on the implications and impact of the African Continental Free Trade Area.

Imperial Logistics acquires South African ecommerce logistics company ParcelNinja

Imperial Logistics has acquired 60% of South African ecommerce logistics company ParcelNinja. ParcelNinja, which was founded in 2013, offers outsourced logistics solutions to South African ecommerce companies. The deal value has not been disclosed. ParcelNinja provides fulfilment solutions to online …

As South Africa ramps up taxes on alcohol, exports become more important

The South African government has proposed inflation-busting tax increases on alcohol and tobacco. Taxes on alcohol and tobacco already account for 3% of South Africa’s GDP. The move is a further blow to alcohol producers, who have been hit by …
Carrefour MAF

Majid Al Futtaim plans to open more than 100 Carrefour stores in 2021

Majid Al Futtaim (MAF) has revealed plans to open more than 100 Carrefour stores this year across the Middle East, Africa and Eastern Europe in 2021. The new store openings would see its total store network rise from 358 stores …