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 […]
USA – McDonald’s Corp has posted a 5% increase in revenue and high profits, surpassing estimates by analysts attributed to higher sales in the overseas markets plus an average consumer spending in the US restaurants. […]
INDIA – India has become the largest market in Asia in terms of food sales for Starbucks, the world’s biggest coffee retailer, its chief executive officer said. Tata Starbucks, the 50:50 joint venture between Starbucks […]
