Botswana food delivery startup MyFoodness rebrands as Yamee, expands to Tanzania

BOTSWANA – Botswana food delivery startup MyFoodness has rebranded as Yamee and announced its entry into the Tanzanian market with a launch in Dar es Salaam. A mobile commerce platform that focuses on increasing earning […]

Pernod Ricard acquires full ownership of dry gin brand Monkey 47

FRANCE – Wines and Spirits giant, Pernod Ricard has acquired the remaining stake in dry gin brand Monkey 47 in a transaction makes the French beverage company the exclusive owner of the brand. Pernod Ricard […]

South African government offers buffer to the agriculture industry with US$68.4m financing

SOUTH AFRICA – The department of agriculture of South Africa has set aside a package of R1.2bn (US$68.4m) to address effects of the coronavirus and ensure sustainable food production after the pandemic. Speaking during a […]

Nestlé steps up global response to COVID-19 pandemic

SWITZERLAND – Nestlé has announced a partnership with the International Federation of the Red Cross and Red Crescent Societies (IFRC) in providing immediate help to strengthen health care systems during the COVID-19 crisis. The IFRC, […]

Cameroon seeks IDB’s US$106.9m financing to boost soybean and cotton seed processing

CAMEROON – The government of Cameroon is seeking XAF64.3 (US$106.9m) financing from The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank Group (IDB) for acquisition of soybean and cotton seed for […]

East African Breweries funds production of free alcohol-based sanitizers

KENYA – East African Breweries Limited (EABL) has committed Sh50 million (US$0.47m) to fund the production of 135,000 litres of sanitisers by two Nairobi-based industries to distribute free sanitisers to vulnerable Kenyans. EABL Foundation Trustee […]