Nestlé has announced bold plans to reach into 120,000 villages in India in the next two to three years. The Swiss giant estimates that the average size of the target villages is 5,000 people and that, if successful, it can …

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 …

Unilever engineers have created a prototype nano factory capable of fitting in a 40ft container. The prototype can take raw materials, process them, package and label them. It is currently being trialed in the Netherlands, producing liquid bouillon. Unilever says …

Fund manager XSML has made its fourth investment in Ugandan pharmacy chain Ecopharm. Since XSML’s first investment in Ecopharm, the chain has doubled its store network to 15 branches. It plans to add a further 3 stores as a result …

The boycott of French goods by consumers in Muslim countries has reached Egypt, a key market for French supermarket chain Carrefour, as well as several major French FMCG brands including Danone and L’Oréal. We think there is a risk the …

Carrefour is set to open its 4th store in Cameroon on the 17th November and its second store in Uganda in December. The 3000m² Cameroon store, in Douala’s Grand Mall, will be its 3rd and largest outlet in the city. …

Jumia is opening up its logistics network to third party businesses in 11 countries. The move means the internet retailer will offer its platform and network, enabling companies to use its final mile delivery capabilities. Prior to the announcement, Jumia …

Tuskys, the Kenyan supermarket chain struggling under debt, has now closed all five of its branches in Uganda. The closures, prompted by significant debts are likely to lead the retailer to exit Uganda after 11 years. Tuskys has shut down its …

Shoprite has confirmed it will close its two remaining stores in Kenya, in an otherwise impressive set of annual results that have seen group sales increase by 6.4% to R156.9bn ($9.32bn) in the 52 weeks to 28th June 2020. There is …

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 …

Pearl Dairy Farm Limited (PDFL), the largest dairy processor in Uganda, is expanding into Ethiopia, Malawi and South Sudan. The company, which markets its products under the Lato brand, is also looking at export markets as far afield as Algeria. Pearl …

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 …

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 …