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French products boycott spreads to Egypt, likely to go further

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 …
Nestlé Africa

Nestlé Zimbabwe adds 30% more production capacity

Nestlé Zimbabwe has opened a new $2.5m cereals manufacturing line. The new line will add 30% additional volume throughput, as the company looks to triple annual exports from $4.8m to $14.4m. Nestlé also announced the launch of two new products: Nestlé …
Farmcrowdy

Farmcrowdy restructures to enable expansion and service diversification

Farmcrowdy has announced a restructuring of its business as it seeks to diversify services and expand into new regional markets. The agritech startup, which was launched four years ago, has also created a new digital trading platform for smallholder farmers. …

Egyptian FMCG logistics platform ILLA raises $500k in seed funding

Egyptian FMCG logistics platform ILLA has raised a US$500,000 seed funding round to help drive local and regional expansion. ILLA, which launched in March 2019, has already worked with major brands including PepsiCo, Coca-Cola, P&G and Savola.  ILLA describes itself …
Glovo

Delivery app Glovo plans to roll out a B2B logistics network

On demand delivery app Glovo, whose African markets are Morocco, Nigeria, Kenya, Egypt and Côte d’Ivoire, hs launched a new business unit called Q-Commerce (Q = Quick). The company plans to build a B2B delivery network that will see it sell …

Coca-Cola opens the first outlet of Costa Coffee in South Africa

Coca-Cola Beverages South Africa (CCBSA) opened South Africa’s first Costa Coffee outlet. The new outlet is in the Frontline Hyper supermarket in Hillfox, Johannesburg. The move follows a successful trial opening of a Costa outlet on the ground floor of …

Kenya Breweries Limited (KBL) launches Chrome Gin

Kenya Breweries Limited (KBL) has launched its new line extension, Chrome Gin. It joins Chrome Vodka, which the company launched in December 2014. KBL has said the new spirit, which is 40% ABV and comes in 750 ml and 250 ml …

The European Union funds dairy sector improvements in northern Cameroon

The European Union has funded a set of small scale dairy processing plants in Northern Cameroon, increasing the country’s milk processing capacity by 2000 litres. The Agricultural Productivity Enhancement Program (SAPEP) has reportedly cost XAF13.1bn ($23.7m). The dairy investment program is …
Mr Price clothing logo

Mr Price debuts new container store for South African townships

South African fashion retailer Mr Price has launched a new format container store in a bid to bring retail closer to lower end consumers. Its new smaller format store has opened in Illovo, in KwaZulu-Natal. But can it revolutionise retailing …