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Thursday, August 18, 2022
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Category: Food service, Retail, E-commerce

SA retailer Massmart expects bigger loss as half year sales flat

Aug 3, 2022Aug 3, 2022

SOUTH AFRICA – Walmart-owned South African retailer, Massmart expects its headline loss in the half year period ended June 2022…

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AFRICAN NEWS Financials & Economy Food service, Retail, E-commerce LATEST NEWS 

Egyptian startup Gooo Delivery closes undisclosed pre-seed round to scale operations

Aug 2, 2022Aug 2, 2022

EGYPT – Egypt-based on-demand delivery startup Gooo Delivery has closed an undisclosed pre-seed round to scale its services in Egypt…

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AFRICAN NEWS Food service, Retail, E-commerce Investments & Funding News LATEST NEWS 

Shoprite Group launches online pet store, Pick n Pay debuts premium private label collection

Jul 29, 2022Jul 29, 2022

SOUTH AFRICA – In just one year the Shoprite Group has grown its Petshop Science brand to include 22 physical…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

South African retailers attain rise in sales as they shield consumers from biting food inflation

Jul 27, 2022Jul 27, 2022

SOUTH AFRICA – South Africa’s major food retailers are continuing to play a part in trying to shield already compromised…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

B2B ecommerce platform Cartona closes US$12m Series A round to accelerate it expansion

Jul 26, 2022Jul 26, 2022

EGYPT – Cartona, an Egyptian B2B ecommerce platform, has closed a US$12 million Series A round led by Silicon Badia,…

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AFRICAN NEWS Food service, Retail, E-commerce Investments & Funding News LATEST NEWS 

B2B fresh produce distributor Nile opens new cross-docking hub in South Africa

Jul 26, 2022Jul 26, 2022

SOUTH AFRICA – Nile, an agritech company that connects farmers to commercial buyers of fresh produce in Southern Africa via…

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AFRICAN NEWS Food service, Retail, E-commerce Fruits & Vegetables LATEST NEWS 

KFC launches new high-tech restaurant in South Africa to enable seamless service delivery

Jul 25, 2022Jul 25, 2022

SOUTH AFRICA – Fast food chain KFC has opened doors to a modern high-tech restaurant concept in Cape Town, South…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Ecommerce platform Jumia Kenya appoints Juan Seco as new Chief Executive Officer

Jul 16, 2022Jul 16, 2022

KENYA – Jumia Kenya, an ecommerce and logistics company, has appointed Juan Seco as the new Chief Executive Officer (CEO).…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS People News 

Jumia launches Jumia Food Mart in Uganda to shorten grocery delivery time

Jul 13, 2022Jul 13, 2022

UGANDA – Jumia Food Uganda, online food ordering site operated by the leading e-commerce platform in Africa – Jumia, has…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

CFAO Consumer Retail expands footprint in Ivory Coast, acquires Leader Price’s stores

Jul 13, 2022Jul 13, 2022

IVORY COAST – Carrefour’s franchise operator in Ivory Coast, CFAO Consumer Retail has acquired the business assets of five Leader…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

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  • Tiger Brands goes green, targets to source 65% of electricity requirement from sustainable energy by 2030
  • Kepak partners Bangor University to launches degree in sustainable food production
  • Urban Legend to build high-tech factory following Tesco partnership
  • Giant retailer OK Zimbabwe seeks to unbundle business into group of companies
  • Diageo invests US$5.7m in craft and innovation hub to strengthen presence in India’s growing alcoholic market

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 17, 2022

A Special Thank You To Our 7,000+ Followers On LinkedIn!

We are delighted to announce that Food Business Africa Magazine has reached an outstanding milestone – 7,000 followers on LinkedIn and we could not be more pleased.

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 17, 2022

Hormel Foods introduces new strategic business model, transitions to three operating segments https://t.co/KZ7d9cX6oP
#usa #transition #operatingmodels #meatindustry #business
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August 17, 2022

UK’s supermarket chain Morrisons explores circular waste technology to launch planet-friendly carbon-neutral eggs https://t.co/h757VFJyfW
#uk #eggs #sustainablefoodsystems #sustainableinvesting #circularwastetechnology #minifarms
@Morrisons @BetterOrigin

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 17, 2022

Finlay’s to tap emerging cold brew markets with newly constructed cold brew coffee plant in UK https://t.co/FZ93LzdXwa
#markets #coffee #coldbrewcoffee #investments #uk #newprocessingplant
@Finlays

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August 17, 2022

UK-New Zealand Free Trade Agreement to hinder UK’s farmers from tapping into meat market fully https://t.co/ZF2HdHFIui
#uk #newzealand #fta #hinder #farmers #meatindustry #chinatrade

@TheAHDB

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