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KenolKobil

KenolKobil announces expansion in Uganda and Rwanda

Kenyan oil company KenolKobil has announced that it has acquired 33 petrol stations from Caribbean-based multinational Delta Petroleum for an undisclosed value. The additional 23 petrol stations in Uganda and 10 in Rwanda take KenolKobil’s total outlets to 56 and …
Lulu

LuLu plans to build 5 large hypermarkets in Egypt. Is it too late?

LuLu Hypermarket, the Abu Dhabi based retailer, has laid out plans to open 5 large hypermarket complexes in Egypt over the next two years. Each will have a floorspace of 20,000m², making them among the largest stores in the country. …
Burger King, Africa

Burger King is serious about entering Nigeria

The CEO of RBI, Burger King’s parent company, has given an interview to the Financial Times indicating that the company is looking seriously at entering Nigeria, while noting that considerable infrastructure challenges remain. Trendtype believes that it won’t enter until …
Monoprix Tunisia

Monoprix Tunisia opens sixth store in Sousse

Casino’s Monoprix has just opened a new store in Sousse, Tunisia, expanding its network in the city to six stores. This is Monoprix’s 89th outlet in the country as the retailer comes closer to its goal for 2020. Monoprix, the …
Savemart Supermarket Malawi

Farmers World rebrands and opens new Savemart in Malawi

Farmers World, the Malawi-based agribusiness, announced a rebranding to its image in order to enhance its visibility among the general public. Although the company guaranteed that its business focus was not changing, it announced the opening of a new Savemart …
PK Gum Wrigleys

Kenya’s trade war with Tanzania shows no sign of abating

Kenyan confectionery exports fell by KSh136m ($1.35m) in the six months ended June compared to the same period in 2017 – the result of an ugly trade war that has seen Tanzania and Uganda put a 25% tax on imported …
Datlabs

Zimbabwe’s Datlabs invests US$2.2m in pharmaceutical manufacturing upgrades

Bulawayo-based pharmaceutical manufacturer and distributor Datlabs has announced investment of more than US$2.2m in upgrading its factory and restoring its IV fluids plant to increase production with hopes to export its products throughout the Southern Africa region. Datlabs has so …
Central supermarket Mozambique

Sonae’s Central supermarket chain shuts down in Mozambique

Supermarket chain Central has shut down all of its stores as its owner company filed for insolvency, falling under the pressure of a “tough trading environment”. The chain, partly owned by Portuguese group Sonae, had three large supermarkets in the …
King Beverage

King Beverage looks for Kenya distributor

Leading East African investment company Centum is looking for an exclusive distributor in Kenya for its King Beverage subsiary. King Beverage has been the Kenya distributor for Carlsberg beer since it was established in 2014, with the franchise later extended …
Tuskys Electronics

Tuskys bets on consumer electronics with $20 million investment

Kenyan retailer Tuskys announced a $20 million investment in expanding its in-store electronics offering in a ‘shop-in-shop’ format. The leading Kenyan retailer says it is responding to consumer demand as the country’s grocery retail sector experiences significant changes. Tuskys has …
Choppies Financials

Postponed release of Choppies financials plunges shares

The release of Choppies financials was delayed, in opposition to JSE requirements. The announcement was made by the Botswanan supermarket chain following warnings about a profit decline and led shares to fall to a five-year low. Choppies Enterprises has announced …