Nigeria’s quick service restaurant Eat ’N’Go opens two new outlets

NIGERIA – Eat ‘N’ Go Restaurant Group, the master franchisee for Domino’s Pizza Nigeria and Cold Stone Creamy, has opened two more outlets in Abuja as it seeks to expand its business in the country, […]

Actis gets nod to acquire Abraaj’s interest in Java House, plans US$10m investment

KENYA – The Competition Authority of Kenya (CAK) has approved the proposed acquisition of indirect control of Java’s owner, Abraaj Holdings by UK-based private equity fund Actis, reports the Nation. The coffee chain, which is […]

Taste holdings to roll out more outlets with US$9.5m cash injection

SOUTH AFRICA – Taste Holdings, South Africa’s licensed operator of Starbucks Coffee and Domino’s Pizza has announced that it will resume rolling out more coffee shops and fast food outlets following its US$9.51 million cash […]

Campbell Soup and activist fund Third Point reach agreement after proxy fight

USA – Campbell Soup and activist investor Dan Loeb’s Third Point have announced that they have reached an agreement that will give the hedge fund two seats on the company’s board and a role in […]

Zimbabwe’s fast food and retail operators re-open as the economy improves

ZIMBABWE – Zimbabwe’s fast food chains and retail operators have reopened their stores after closing down on difficult trading and economic conditions that rocked the country in the recent past. Among them KFC (Kentucky Fried […]