SA’s Orderin relaunches as delivery service platform, Jumia partners with Accra-based eco-friendly mobility company

SOUTH AFRICA – South Africa’s first food delivery app, Orderin, has relaunched as a B2B delivery-as-a-service platform to help bring delivery capabilities to other companies in the country. This follows successful projects of helping other businesses develop their own delivery services. According to reports by Ventureburn, this new direction involves providing retail companies with end-to-end solutions, including availing the software needed to build the service and delivery fulfilment. In addition, Orderin plans to expand into more e-commerce categories, including food and beverages, wholesale, and pharmaceutical. “As the first company to…

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Commodity trading giants Roots Commodities, Rosa Grain to build US$140 million grain terminal in Egypt

EGYPT – Two commodity trading companies have signed a contract with the Egyptian government to build an EGP 2.2 billion (US$140m) bulk grain terminal in East Port Said, at the northern end of the Suez Canal on the Mediterranean Sea. Local firm Roots Commodities and Emirati company Rosa Grain will establish the facility in partnership with the Suez Canal Economic Zone (SCZone). This dedicated terminal will be set up on an area of 267,000 square meters and will have a capacity of handling between 1.5 million tonnes (MMT) to 7.2…

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Massmart disposes non-core food units to Shoprite’s Checkers for US$89m

SOUTH AFRICA – Shoprite’s grocery unit Checkers has come to the rescue of South African retailer Massmart, by entering into a deal to acquire the rival’s non-core food assets for R1.36 billion (US$89m). The sale businesses consist of wholesale and retail chains that are all focused on high-volume and low-cost distribution and are each reliant on high volumes and operational excellence as the foundation of price leadership, in the distribution of mainly branded consumer goods for cash. Walmart-owned Massmart is currently in the middle of a turnaround that has now…

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