SOUTH AFRICA – Famous Brands, South African restaurant franchisor will cut funding to its long-time struggling British fast food operation, Gourmet Burger Kitchen, due to deterioration in sales caused by the coronavirus pandemic. The SA […]
ETHIOPIA – Burger King, the global fast food franchise has teamed up with Belayab Foods Production, owner of Pizza Hut chain restaurants to set up operations in Ethiopia. Founded in 1953, Burger King is one […]
Kenya – Java House Africa, leading East African coffee and food chain has launched a new brand under its restaurant portfolio dubbed Kukito, specializing in grilled chicken. “In Kukito we are bringing the Kenyan spirit, […]
ZIMBABWE – Kentucky Fried Chicken (KFC), global fast food restaurant has partnered with food delivery service tech and logistic company, Munch Zimbabwe to deliver orders in and around Harare. The partnership will start with KFC […]
KENYA – South African based restaurant franchisor, Famous Brands is set to take direct control over seven outlets of Steers and Debonairs in Kenya previously run by local franchisee Hoggers. Famous Brands is set to […]
KENYA – The Competition Authority of Kenya (CAK) has approved the 50:50 joint venture deal between KFC’s East African franchise owner and the regional fuel and motor oil marketer Vivo Energy which will see KFC […]
SWEDEN – Specialty ingredients provider, AAK has developed a new range of flaked fats to help pizza manufacturers enhance taste and create high quality crust and texture in their products. The new range also offers […]
SOUTH AFRICA – African Empowerment Equity Investments (AEEI), which also controls Premier Fishing & Brands is considering acquiring a bigger stake at of South Africa’s consumer brand Pioneer Foods, reports Business Day. AEEI Chief Executive […]
KENYA (Reuters)– Africa-focussed private equity firm Emerging Capital Partners has acquired a majority stake in Kenyan restaurant chain Artcaffe Group, the latest sign of growing international private equity investor interest in East Africa. The move […]
INDIA – Jubilant FoodWorks Limited, which holds the master franchise for Domino’s Pizza in India has reported 21% rise in revenue to US$120 million during the second quarter, compared to US$99m in the same period […]
