News
We track thousands of news sources to identify trends across African markets. Our expert team provides detailed analysis to breaking events
Wasoko exits Tanzania, “pauses” operations in Uganda and Zambia
Kenyan B2B ecommerce platform Wasoko has reportedly closed its operations in Tanzania and "paused" its operations in both Uganda and Zambia. The move means that while Wasoko will retain an office in Zanzibar it now operates only in Kenya, Rwanda and DRC. In...
JD Sports is partnering with Foschini Retail Group (TFG) to launch 40 stores in South Africa
UK sportswear retailer JD Group has announced a partnership with Foschini Retail Group (TFG) to bring the JD brand to South Africa. Initial plans are for TFG to launch 40 stores across South Africa over the next five years. JD Group had revenues of £10.13bn...
Kerry opens a new $5m manufacturing facility in Uganda, its fourth in East Africa
Ingredients and nutrition company Kerry has inaugurated a new $5m manufacturing facility in Uganda, the latest development in a major expansion plan in East Africa. The new facility means that Kerry has a manufacturing footprint in Kenya, Tanzania, Rwanda as well...
Rwanda sees an 11.7% increase in the use of glass bottles as a result of its ban on single use plastics
Rwanda saw an 11.7% growth in glass bottle usage between 2022 and 2023 as a result of the ban on single use plastic bottles, which was implemented in 2019. The law prohibits the manufacture, importation, use or sale of single-use plastic bottles in Rwanda....
Starbucks laying off 2,000 employees across the MENA region
Starbucks franchisee Alshaya Group, which operates the coffee shop chain across the Middle East and North Africa, has announced it will lay off around 2,000 employees as anti-American boycotts bite in the wake of the conflict in Gaza. Kuwait-based Alshaya operated...
Heineken set to sell Nigerian brewer Champion Breweries to EnjoyCorp
Heineken will sell its interest in Nigerian brewer Champion Breweries to EnjoyCorp, a local holding company. The Dutch brewer, which will still majority own the market-leading Nigerian Breweries, will sell The Raysun Nigeria Company Limited, which owned an 86.5%...
Strong performance from Shoprite and Woolworths Food in the six months to end December 2023
Shoprite has once more increased market share in South Africa. The South African supermarket group, which owns the Shoprite, Checkers and Usave chains has seen double-digit sales growth across its three key retail brands. The group has reported sales growth...
Alcohol retailers under pressure as local government in Kenya clamps down on outlets
The Nairobi City County Government (NCCG) continues to push for the closure of more stores selling wine and spirits. In its latest initiative, it is closing store sites near matatu (minibus) and bus stops across Nairobi. The move has resulted in more than 30 stores...
Radisson Hotel Group plans major expansion in West and Central Africa
The Radisson Hotel Group plans to radically increase the size of its West and Central African hotel portfolio. In total, 29 hotels and 5,000 rooms are under development. The company has already signed five hotels and 1,000 rooms in West Africa in the past 12...
Varun Beverages will begin manufacturing PepsiCo’s Cheetos in Morocco in May 2025
PepsiCo bottler Varun Beverages will begin manufacturing Cheetos in Morocco. Following an agreement concluded with Premier Nutrition Trading, a subsidiary of PepsiCo, it will build a $12m factory and begin production in May 2025. Varun Beverages already has the...
Carrefour rolls out self service checkouts to more stores in Kenya
Carrefour franchisee Majid Al Futtaim has rolled out self service checkouts to another store in Kenya. After a pilot at Carrefour's Westgate Shopping Mall store in the centre of Nairobi that started in April 2023, it has now opened a self service checkout area in...
Mozambique threatens to clamp down on violations of rules requiring product labelling in Portuguese
Mozambique's National Standardization and Quality Institute (INNOQ) has threatened to remove imported products that are not labelled in Portuguese. In 2018 Mozambique’s National Inspectorate of Economic Activities (INAE) warned that from April 1st 2018, all...
Philip Morris raises cigarette prices in Egypt for the second time in 3 months
Philip Morris Egypt has decided to increase the prices of its cigarette products for the second time in three months. The move means that packs of cigarettes will increase by between EGP8 and EGP11 per pack. The cigarette market in Egypt has had severe shortages,...
Refriango set to open major new factory outside Kinshasa, DRC
Angolan soft drinks manufacturer and brewer Refriango has announced it will open a new factory in the Democratic Republic of Congo. The new factory will apparently cover 800ha and be situated in Kinshasa's Maluku Special Economic Zone. The investment was first...
Groupe Habibo becomes Coca-Cola’s exclusive bottler and distributor in Madagascar
Madagascan conglomerate Groupe Habibo has become Coca-Cola's exclusive bottler and distributor in Madagascar. The two companies have worked together since Coca-Cola parted ways with former bottler Castel in 2022. The new agreement means Habibo will bottle Coca-Cola...
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