AFMASS Southern Africa is the food & beverage and milling industry's premium conference and exhibition attended by key decision makers from Southern Africa Africa to trade, network and learn the latest processing, packaging and safety technologies. The 2018 edition of AFMASS Southern Africa Conference and Expo will be hosted at the New Government Complex in…
The Africa Food Industry Excellence Awards celebrate the very best new products, projects and initiatives; and outstanding individuals in the food, beverage and milling industry in Africa. Through a competitive process judged by some of the most outstanding industry veterans, the Awards aim at boosting innovations and excellence in the region's food industry. The 2018…
AFMASS Eastern Africa is the food, beverage and milling industry's largest conference and exhibition attended by key decision makers from Eastern Africa Africa to trade, network and learn the latest processing, packaging and safety technologies. The event will be held in Nairobi, Kenya on May 2-4, 2019. More information can be found on the events…
KENYA – Kenya’s coffee prices at the Nairobi Coffee Exchange (NCE) dropped marginally by 6% due to decline in supply of good quality coffee from Eastern Kenya, reports Business Daily. According to the NCE, a 50 kg kilogramme bag on average declined by 6% to US$ 188.34 (Ksh19,300) from a previous performance of US$200.05 (Ksh…
KENYA – Shoprite Holdings, the South African retailer has opened its first store in Nairobi and is set to disrupt the Kenyan retail industry which has attracted a number of foreign investors. The maiden outlet, located at Westgate Shopping Mall sits on a 50,000-square-feet space, previously occupied by struggling Nakumatt Holdings that once was the…
KENYA - Tumaini Self Service Limited, one of the emerging supermarket chains in Kenya has sold a majority stake to Sokoni Retail Kenya in a recent consolidation drive in the space. The transaction which has been approved by the Competition Authority of Kenya (CAK) provides the retail chain with capital to expand its business. The…
KENYA – Kenya’s leading juice manufacturer, Kevian Kenya is considering listing on the Nairobi Securities Exchange (NSE) through an initial public offering (IPO), reports the Nation. According to the company owner and Managing Director, Kimani Rugendo, said the listing is part of the strategy to transfer ownership of part of the company to the public.…
KENYA – Kenya’s sugar production has increased by 45% in the past nine months due to increased supply of sugarcane by farmers to sugar processing plants, according to a monthly report by the Sugar Directorate. The quantities produced have increased from 284,036 last year to 411,567 tonnes between the months of January and October this…
KENYA – Simbisa Brands, Zimbabwe’s largest fast food restaurant has appointed Salim Eceolaza as the new managing director of its quick service restaurant operations in Kenya, reports Business Daily. Mr Eceolaza, a Zimbabwean national, has been serving as the fast food chain’s group finance director and will succeed Mrs Katija Berlee. “We congratulate him on his…
KENYA (BLOOMBERG) - Ascent Capital Africa plans to raise $120 million for its second fund that will invest in mid-sized companies across East Africa, where domestic demand is expanding. The private-equity firm is the latest to tap into surging investor interest in the region. Centum Investment Co., Kenya’s second-biggest publicly traded investment company, is planning to…
