US largest supermarket The Kroger appoints Gabriel Arreaga as new senior vice president
USA – The Kroger Co., United States’ largest supermarket by revenue, has appointed Gabriel Arreaga…
Food service, Retail, E-commerce
South Africa’s leading KFC franchisee Roos Foods gets nod to acquire additional KFC outlets
SOUTH AFRICA – South Africa’s Competition Commission has conditionally approved Roos Foods, leading KFC franchisee…
Meal prep company Meallogix closes US$1.25m seed round to scale its operations
USA – Meallogix, an e-commerce for meal prep market, announced today that it has closed…
Twiga Foods to enter Kisumu city as West Africa expansion plans still shelved
KENYA – Twiga Foods, a Kenyan tech-enabled food distribution platform is seeking to set base…
Retailer Walmart Inc targets zero emissions by 2040 in its global operations
USA – Walmart Inc., a multinational retail corporation, has announced that it is targeting zero…
Battle of expansion between Kenyan retailers Naivas, Carrefour, eyeing bigger market share
KENYA – IFC backed Kenyan retaier Naivas is set to open its 66th outlet at…
Groceries retailer Tesco partners with food shairing app Olio for food management
UK – Tesco, a British multinational groceries and general merchandise retailer, is joining forces with…
Spar Southern African sales improve by 4.8% during the 48 weeks to end August
SOUTHERN AFRICA – Retail chain, Spar Southern Africa has reported a 4.8% increase in group…
Tuskys Supermarkets receives first tranche of US$18.4m credit facility from Mauritian fund
KENYA – Troubled Kenyan retailer, Tuskys Supermarket has announced that it has received the first…
SA food service market place FSN gets backing from Naspers’ US$85m investment vehicle
SOUTH AFRICA – Naspers, one of the largest technology investors in the world has invested…
Italian food retailer Sopria Holding seeks to enter Egyptian market
EGYPT – Italian food retailer Sopria Holding is seeking to enter the Egyptian market, making…
Carrefour to open third outlet in Cameroon as part of US$134m investment project
CAMEROON – French retail group Carrefour is planning to open a new store in Douala…
Nigerian startup Seta launches app to help companies determine market presence
NIGERIA – Seta Field Services, a Nigerian tech startup, has launched a shelf-execution tracking application that…
German investor GreenTec invests in Cameroonian food supply platform Freshbag
CAMEROON – Freshbag, an innovative digital platform in Cameroon that connects farmers and vendors to…
Shoprite exits Kenya as it reports 6.4% rise in full year earnings despite Covid-19
SOUTH AFRICA – South African-based supermarket chain Shoprite has pulled the plug on its operations…
Olam expands use of its food distribution mobile app in West Africa
WEST AFRICA – Global food and agri-business company, Olam International is planning to introduce its…
Egyptian food ordering platfrom Ordera secures funding for expansion
EGYPT – Egypt based food ordering platform, Ordera has secured a six-figure USA dollar investment…
Carrefour to strengthen position in Spain with acquisition of 172 Supersol stores
SPAIN – Paris-headquartered retail giant, Carrefour has reached an agreement to acquire 172 stores under…
Amazon set to open tech-enable grocery stores with smart devices, Alexa guides in USA
USA – Global retail and e-commerce giant, Amazon has announced it is set to open a supermarket with high tech…
Dunkin’ Donuts partners with Harpoon Brewery to launch coffee, donut infused beers
USA – Dunkin’ Donuts, multinational coffee and donut company and Harpoon Brewery, have teamed up to launch a series of…
Asian e-grocer Weee! raises US$35m in Series C to facilitate expansion in USA
USA – The largest and fastest growing Asian e-grocer in the United States, Weee! has…
Tuskys clinches US$18.4m rescue financing from Mauritius based fund
KENYA – The struggling retailer, Tusker Mattresses Limited has inked terms of agreement with an…
Famous brands disposes its controlling stake in boutique café brand tashas
SOUTH AFRICA – Famous Brands, South Africa’s leading quick service and casual dining restaurant franchisor,…
Carrefour regional operator supports Kenyan healthcare workers in fight against COVID-19
KENYA – Dubai-based conglomerate Majid Al Futtaim (MAF) and the regional franchise holder of Carrefour,…