Delivery startup DailyNinja acquires WakeupBasket, eyes 20k daily orders in 6 months

INDIA – Daily milk and grocery delivery startup has acquired WakeupBasket in a cash and equity deal to help its expansion outside Bengaluru, targeting 20,000 daily orders in the next six months, reports Inc42. The […]

Ant Financial invests another US$210m in Indian food delivery firm Zomato

INDIA – Indian food delivery and restaurant service Zomato has raised US$210 million from Alibaba’s payment arm, Ant Financial as it strives for a bigger market share in the delivery space. According to the filings […]

PepsiCo India to focus on marketing and invest in e-commerce for profitability

INDIA – Indian maker of Pepsi Cola and Lay’s salty snacks, PepsiCo will focus on boosting its market while investing in e-commerce for profitable years ahead, an ET Retail report reveals. According to PepsiCo India […]

Dangote Foundation devotes US$50m to tackle malnutrition in Africa

NIGERIA – The Aliko Dangote Foundation, founded by the wealthiest man in Africa, Alhaji Aliko Dangote has lined US$50 million to be invested in tackling the challenge of malnutrition in Nigeria and Africa, reports the […]

Grain millers receive 30,000 tons of imported wheat to address shortage

ZIMBABWE – Grain Millers Association of Zimbabwe (GMAZ) has received 30,000 tonnes of wheat imported from Germany to address shortage that had seen millers temporarily cease operations, reports the Herald. The move follows foreign payments […]

Farmers and millers mulling new policy regulations to revive sugar sector

KENYA – Farmers and millers mainly from the Lake Region Economic Bloc (LREB) have agreed on key proposals in the sugar regulations in a bid to adopt a new policy that would revive the long-ailing […]

Associated Foods of Zimbabwe implements ISO 22 000 targeting export market

ZIMBABWE – The spreads and nuts company, Associated Foods of Zimbabwe (AFZ) has implemented ISO 22 000 food safety management system to enhance conformity to international standards with an eye on the export market. The […]

Zimbabwe’s grain deliveries top 1.1m tons as it moves to become food secure

ZIMBABWE – State owned commodity trading enterprise, Grain Marketing Board has received 1.1 million tonnes in maize deliveries from farmers for the 2018 marketing season as the country moves away from grain imports, reports the […]