SOUTH AFRICA – Walmart-owned South African retailer, Massmart expects its headline loss in the half year period ended June 2022…
Read MoreSA retailer Massmart expects bigger loss as half year sales flat
Category: Food service, Retail, E-commerce
Egyptian startup Gooo Delivery closes undisclosed pre-seed round to scale operations
EGYPT – Egypt-based on-demand delivery startup Gooo Delivery has closed an undisclosed pre-seed round to scale its services in Egypt…
Read MoreShoprite Group launches online pet store, Pick n Pay debuts premium private label collection
SOUTH AFRICA – In just one year the Shoprite Group has grown its Petshop Science brand to include 22 physical…
Read MoreSouth African retailers attain rise in sales as they shield consumers from biting food inflation
SOUTH AFRICA – South Africa’s major food retailers are continuing to play a part in trying to shield already compromised…
Read MoreB2B ecommerce platform Cartona closes US$12m Series A round to accelerate it expansion
EGYPT – Cartona, an Egyptian B2B ecommerce platform, has closed a US$12 million Series A round led by Silicon Badia,…
Read MoreB2B fresh produce distributor Nile opens new cross-docking hub in South Africa
SOUTH AFRICA – Nile, an agritech company that connects farmers to commercial buyers of fresh produce in Southern Africa via…
Read MoreKFC launches new high-tech restaurant in South Africa to enable seamless service delivery
SOUTH AFRICA – Fast food chain KFC has opened doors to a modern high-tech restaurant concept in Cape Town, South…
Read MoreEcommerce platform Jumia Kenya appoints Juan Seco as new Chief Executive Officer
KENYA – Jumia Kenya, an ecommerce and logistics company, has appointed Juan Seco as the new Chief Executive Officer (CEO).…
Read MoreJumia launches Jumia Food Mart in Uganda to shorten grocery delivery time
UGANDA – Jumia Food Uganda, online food ordering site operated by the leading e-commerce platform in Africa – Jumia, has…
Read MoreCFAO Consumer Retail expands footprint in Ivory Coast, acquires Leader Price’s stores
IVORY COAST – Carrefour’s franchise operator in Ivory Coast, CFAO Consumer Retail has acquired the business assets of five Leader…
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