ETHIOPIA – Pizza Hut is set to open three outlets in Ethiopia in 2017, becoming one of the first international restaurant chains to enter Africa’s second-most populous country.
NIGERIA – Guinness Nigeria Plc on Wednesday reported a strong revenue growth of 29% to ₦90bn in the 9-months to 31 March 2017, up from ₦70bn in the previous year.
ZAMBIA – Investors have been urged to tap into Zambia’s food processing, which has potential to accelerate the agriculture value chain to grow its economy through diversification and value addition.
GHANA – Olam group company Nutrifoods Ghana Limited, would celebrate a major milestone when it commissions its newly expanded factory in Tema on Friday, March 31.
NIGERIA – Nigerian Breweries Plc recorded another milestone as it commissioned an ultra-modern upgraded plant in Ota, Ogun State.
BOTSWANA – Botswana budget retailer Choppies Enterprises plans to spend 570 million pula ($55 million) to open more stores in Africa in the next 15 months, its chief executive said on Tuesday.
SOUTH AFRICA – Tongaat Hulett says raw sugar production in Zimbabwe could rise by 26 percent in the next two years on increased sugarcane production spurred by good rains received in the region.
INDIA – Leading industrial solutions group BASF has opened its largest R&D campus in the South-East Asia region in India to serve its customers in the region, including the food and nutrition industry.
KENYA – Bidco Africa, a maker of soap and edible oils, is investing $200 million (Sh20.5 billion) in a new plant and acquisitions over the next five years and it aims to raise its annual revenue in Kenya to $1 billion (Sh102.6 billion), its Chief Executive said.
ZAMBIA – PepsiCo’s bottler Varun Beverages today said it has hiked stake in its subsidiary, Varun Beverages (Zambia) Ltd, to 90 per cent.