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Arla Foods

Arla partners with Kaduna state government to develop dairy sector

Arla Foods has signed a memorandum of understanding with Nigeria’s Kaduna state government to develop dairy farming in the state. The scheme involves the state offering land to farmers while Arla Foods will buy, collect, process and market the milk …
Bia

New 10,000m² shopping mall opens in Ben Aknoun, west of Algiers

A new 10,000m² shopping center has opened in Ben Aknoun, west of Algiers. The new mall’s anchor tenant is the Bia Market supermarket, an Irish-Algerian joint venture. The mall has parking capacity for 400 vehicles and features a food court, as well …
DHL logo

DHL rolls out its Africa eShop online store into 34 countries

DHL has added a further 13 countries to its ecommerce shopping platform, Africa eShop to bring its total coverage to 34 countries. The service, which launched in April 2019 in 11 countries and increased coverage to 20 in May 2019, …
Coca-Cola

“Coca-Cola believes Africa will be a very important growth engine”

Bruno Pietracci, president of The Coca-Cola Company’s South and East Africa business unit (SEABU), has outlined plans for an investment of $1bn in the region over the next five years. He has said that “Coca-Cola believes Africa will be a very …
Choppies

Choppies confirms exit from Kenya and Tanzania

In an announcement that will surprise nobody, Choppies has confirmed it will exit Kenya, one of its key expansion markets. It has reportedly laid off 200 workers in anticipation of selling its 12 remaining stores. Choppies will also exit Tanzania, …

Kenyan chains Quickmart and Tumaini merge, plan further stores

Tumaini owner Sokoni Retail Kenya has been given the go head by Kenya’s Competition Authority to acquire a majority stake in supermarket chain Quickmart. The two chains will be merged under the Quickmart name in a deal which will see …
Quickmart

Kenyan grocery chain Quickmart goes premium with new supermarket

Quickmart has opened its 11th supermarket, its flagship store, on Waiyaki Way in Nairobi. The new store rolls out new premium, fresh food concept designed to appeal to a more upmarket consumer base. To date, Quickmart has generally been considered …
Spinneys

Spinneys opens new hypermarket in Egypt’s Mall of Tanta

Spinneys has opened a new 4,100m² hypermarket in the Mall of Tanta, in Egypt’s Gharbeya Governorate. The new store has a 15 year lease and is the company’s 14th outlet in Egypt and will compete directly with Carrefour’s Tanta hypermarket. The …
Sundry Foods

Norfund invests in leading Nigerian fast food player Sundry Foods

The Norwegian Investment Fund for Developing Countries (Norfund) has invested in QSR company Sundry Foods, owner of the Kilimanjaro, Pizza Jungle, Kilishawarma, Nibbles, Suncrust fast food brands. Sundry Foods operates 50 outlets across 11 states in Nigeria. Silk Invest African Food …
CCBA

Coca-Cola Beverages Africa (CCBA) buys a 60% stake in Eswatini Beverages

Coca-Cola Beverages Africa (CCBA) has bought a 60% stake in Eswatini Beverages. The remaining 40% will be owned by Sovereign wealth fund Tibiyo Taka Ngwane. The company will be known as Eswatini Coca-Cola Beverages (ECCB) and become a subsidiary of CCBA. CCBA …