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Melange Coffee invests $1.37m in new coffee roasting factory in Ethiopia

Melange Coffee Roasters, a Megenagna, Addis Ababa-based business founded by an Ethiopian former employee of Starbucks in the Netherlands, has invested Br40m ($1.37m) in a new coffee roasting factory capable of processing 7,500kg of coffee per day. Melange Coffee Roasters has …
TFG logo

TFG (The Foschini Group) mulls exit from Kenya and Ghana

South African fashion retailer TFG (The Foschini Group) is assessing whether its twelve stores in Kenya and Ghana will remain open. The company will review economic prospects, tax legislation and lease costs to decide if it is worth continuing. The …
Choppies

Choppies is exiting South Africa, selling its store network

Botswanan supermarket chain Choppies has engaged Redford Capital to sell its South African assets, which includes its store network in South Africa. It is another sign that the pioneering chain, which has still not released its annual results to June …
Distell

Distell’s FX woes in Angola and Zimbabwe hits earnings

South African alcoholic drinks company Distell has taken a double blow from FX issues in Angola and Zimbabwe, two of its key expansion markets. The company has been forced to write down investments by $34.6m in Angola and put in …
Tolaram Group

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 …

The 8th branch of Queen’s supermarket opens in Ethiopia

The Queen’s supermarket chain has opened its eighth branch in Ethiopia. The new store is in Kerania Plaza, Kolfe Keranio, a district to the west of Addis Ababa. The new store has cost Br59.3m ($2.04m) and is expected to generate annual …
Heineken

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 …
Jumia logo

Jumia partners with Vivo Energy to solve final mile delivery

Jumia, the African ecommerce giant, has partnered with Shell service station franchisee Vivo Energy. The partnership could mean more than 2,000 Shell and Engen service stations across 23 countries could become Jumia pick up points for online click-and-collect shoppers. The …
Woolworths Logo

Woolworths exits Ghana, its only remaining market in West Africa

Woolworths has exited Ghana, closing its two stores in Accra. The South African retailer also exited Nigeria in 2013 and follows Truworths in leaving Ghana. Woolworths no longer has any stores in West Africa but is seeking to expand in East …