Nigeria’s Food Concepts Plc to raise US$10m via rights issue

NIGERIA – Food Concepts Plc, a quick service restaurant (QSR) brands operator in Nigeria and West Africa said that it has commenced the process to raise up to US$10 million (N3.6 billion) through issuance of […]

Indomie Noodles opens first ‘Heroes’ store in Lagos to expand operations

NIGERIA – Indomie Noodles, instant noodle giant in Nigeria, has opened its first ‘Heroes’ store in Lagos as part of efforts to expand its business and strengthen its operations. According to the company, the store, […]

Jumia partners Pizza Hut to boost operational performance in Nigeria

NIGERIA – Jumia, leading e-commerce player in Africa, through its Food Marketplace division has entered into an on-demand pizza delivery partnership with Pizza Hut in a bid to boost operational performance and last mile delivery […]

Zimbabwe’s Simbisa brands opens new Nando’s branch in expansion drive

ZIMBABWE – Simbisa Brands Limited, Zimbabwe’s largest fast-food group, has opened a new branch under its Nando’s brand in Zimbabwe as it continues to pursue its US$10m expansion strategy. Located in Fife Avenue Shopping Centre […]

Jubilant FoodWorks ventures into Chinese cuisine with launch of first own-brand

INDIA – Jubilant FoodWorks, the operator of the fast food restaurants Domino’s Pizza and Dunkin’ Donuts has entered into Chinese fast casual segment by launching its first own-brand ‘Hong’s Kitchen’. Hong’s Kitchen has opened its […]

India’s food delivery firm Swiggy acquihires AI start-up Kint.io

INDIA – Online food delivery platform, Swiggy has acquihired artificial intelligence (AI) start-up, Kint.io to boost its computer vision technology and consumer experience, reports ET. According to Dale Vaz, Head of Engineering and Data Sciences […]

UK government proposes strict labeling regulations on food allergies

UK – The UK government has proposed new regulations to strengthen labeling laws on food allergies to provide more information and protect consumers from suffering and deaths related to allergens. British Environment Secretary Michael Gove […]

Chr. Hansen expands natural colors range with new Red FruitMax

DENMARK –  Global Bioscience company, Chr. Hansen has developed a new red natural colour ingredient, FruitMax to provide manufacturers with vibrant natural colour solutions. The new product aims to solve technical challenges experienced by food […]