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Local Senegalese Auchan “copycat” Senchan opens in Touba

Rijaal Holding has opened its first “Senchan” convenience store in the religious city of Touba. The opening was timed for the Grand Magal of Touba, an annual pilgrimage attracting up to 3 million visitors. Rijaal Holding is looking to open a …

Famous Brands has sold its UK fast food chain Gourmet Burger Kitchen

Famous Brands has sold fast food chain Gourmet Burger Kitchen (GBK) to Boparan Restaurant Group (BRG), a UK based restaurant group. The sale comes after GBK entered administration as a result of the COVID-19 pandemic. Famous Brands bought the chain …
Choppies

Choppies sues PwC for refusing to sign off on its 2018 accounts

Botswanan supermarket chain Choppies is suing accountants PwC for refusing to sign off on its 2018 accounts. The refusal led to Choppies’ share price falling and its suspension from stock exchanges in Botswana and Johannesburg. Choppies is seeking R653m ($39.2m). …

Egyptian buying platform Fatura looks to add 10,000 more retailers

Fatura, a B2B digital buying platform that connects Egyptian FMCG wholesalers to retailers is adding 10,000 more retailers across 10 governorates in the country. The company has recently completed a seed funding round of more than $1m. Fatura’s expansion will …

South African KFC franchisee Roos Foods to acquire 10 more outlets

South Africa’s Competition Commission has conditionally approved Roos Foods, which operates 71 KFC outlets in South Africa, to acquire 10 KFC restaurants owned by Van Eeden Kitskos. Roos Foods was founded in 1977 and is a major KFC franchisee in …

Nigeria’s government set to ban alcohol sold in sachets by 2023/4

Nigeria’s National Agency for Food and Drug Administration and Control (NAFDAC) is looking to phase out the production and sale of alcoholic drinks in sachets and small bottles by 2023/2024. NAFDAC and Ministry of Health officials have also met alcoholics drinks …

Tuskys closes all five of its Ugandan branches ahead of probable exit

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 …

Egyptian food ordering app Ordera raises $ six figure seed funding

Cairo-based food ordering startup Ordera has raised six-figure $ investment in a seed funding round. Ordera, which was launched in 2019, allows users to order food and then pick up from the restaurant without having to queue. The company claims …

Italian supermarket chain CRAI reportedly set to enter Egypt

Egyptian media is reporting that Italian retailer CRAI has signed an agreement to bring the CRAI format or products to Egypt. The company has signed a Memorandum of Understanding (MoU) of GRG Group. The move would mark its third market outside …
Nigerian dairy industry

Egyptian cheese company Domty and FrieslandCampina form partnership

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 …
DisChem Phamarcies

Dis-Chem online sales increase by 344% during the COVID-19 pandemic

South African pharmacy and health store chain Dis-Chem has revealed that online sales for the 24 weeks ended 15th August rose by 344%. Over the same period Dis-Chem’s revenues grew by 8.8% to R11.7bn ($699m). The company believes COVID-19 has sped …