Mondelēz International bolsters sustainability strategy with 2050 net-zero emissions pledge
UK – American multinational snacking giant, Mondelēz International has pledged to achieve net-zero...
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Day: November 3, 2021
Yili beats expectations to register 30% growth in 9-month profits, commits to protect biodiversity in China
CHINA – Chinese dairy company, Yili has reported a 30% growth in profits for the first 9 months of...
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Danone chooses James Mayer to head its recently combined UK & Ireland business
UK – French multinational dairy company, Danone has appointed James Mayer as president of its...
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Rapid adoption of E-commerce in Egypt’s food, retail sector
Online shopping penetration in Egypt is on the rise attracting investments from e-commerce majors such as Amazon and Jumia. Backed by greater internet penetration, a heavy presence of e-commerce players, and supportive government policies, the sector can only move upwards, creating more opportunities for retailers and greater convenience for consumers.
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Massmart’s nine months turn over shyly rise by 0.2% supported by positive performance in Makro
SOUTH AFRICA – Consumer goods distributor Massmart, has reported a 0.2% marginal rise in...
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SABC group announces US$8.8m investment to boost glass production capacity
CAMEROON – Cameroonian beverage giant, Société Anonyme des Brasseries du Cameroun (SABC), is...
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Carrefour Kenya partners with Lipa Later to offer shop now, pay later services to customers
Kenya – Carrefour Kenya, retailer operated by Dubai-based conglomerate Majid Al Futtaim, has...
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AFEX calls for development of data driven food balance sheet to achieve food security
NIGERIA – The COVID-19 pandemic has shown that dangers lie ahead if a country does not begin...
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Ethiopia based brewer United Beverages SC introduces new premium beer brand dubbed Waliin
ETHIOPIA – United Beverages SC, a joint venture between family-owned Kangaroo Industrial...
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US spirits exports to Europe set to rebound following lifting of retaliatory tariffs
EUROPE – Export of whiskey and bourbon products to the European Union by US distillers is set to...
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