ZIMBABWE – Zimbabwe’s Quick service restaurant (QSR) group, Simbisa Brands Limited’s profit for the year ended June 30, 2019 jumped by 134% to US$32 million despite a decline in total customer count. Zimbabwe, which is […]
KENYA – Lantera a Kenyan agri-tech startup has obtained a loan facility of an undisclosed amount from Kenya Climate Innovation Center (KCIC) to enable it to meet its early targets as it prepares to raise […]
KENYA – Kangema Unity Investment, a dairy cooperative of local farmers in Murang’a County, Central Kenya, has built a Sh300 million (US$2.8 million) milk processing plant to start operations by the end of this year. […]
KENYA – Kenyan small-scale tea farmers across the country are set to earn a lower bonus compared to last year by 18.6% as the sector grapples with oversupply in the global market. “There was a […]
KENYA – Botswana based retailer, Choppies supermarket has closed its third outlet in Nanyuki, following its prior closure of its Kiambu and Bungoma outlets this year as the firm experienced stock outs amid static fixed […]
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, […]
KENYA – Coca-Cola Beverages Africa Limited (CCBA), through its wholly owned subsidiary Coca-Cola Sabco East Africa Limited (CCSEA), has completed the acquisition of stakes in two Kenyan Coca-Cola franchise bottlers for Sh19.4 billion (US$194m). CCSEA […]
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 […]
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 – Kenya Breweries Limited (KBL) has launched new Guinness variant, Hop House 13, a premium international quality lager into the Kenyan market becoming the first African country to launch the brand. Hop House 13 […]
