AAK develops new flaked fats to enhance taste, texture and crust quality in pizza

SWEDEN – Specialty ingredients provider, AAK has developed a new range of flaked fats to help pizza manufacturers enhance taste and create high quality crust and texture in their products. The new range also offers […]

Private equity firm AEEI mulls increasing stake in Pioneer Foods

SOUTH AFRICA – African Empowerment Equity Investments (AEEI), which also controls Premier Fishing & Brands is considering acquiring a bigger stake at of South Africa’s consumer brand Pioneer Foods, reports Business Day. AEEI Chief Executive […]

Private equity firm ECP buys majority stake in Kenya’s Artcaffe

KENYA (Reuters)– Africa-focussed private equity firm Emerging Capital Partners has acquired a majority stake in Kenyan restaurant chain Artcaffe Group, the latest sign of growing international private equity investor interest in East Africa.  The move […]

Jubilant FoodWorks revenue grows 21% during the second quarter

INDIA – Jubilant FoodWorks Limited, which holds the master franchise for Domino’s Pizza in India has reported 21% rise in revenue to US$120 million during the second quarter, compared to US$99m in the same period […]

KFC to enter Ethiopia with Kaldi’s coffee chain enterprise as franchisee

ETHIOPIA – The company behind Kaldi’s, Ethiopia’s most recognized coffee shop brand, is set to launch the Kentucky Fried Chicken (KFC) franchise in Ethiopia within a year, The Reporter has learnt. Owned by one-time Ethiopian model, Tseday […]