Food service, Retail, E-commerce
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Subway exploring business sale, appoints JP Morgan chase as financial advisor
US – Global sandwich chain Subway has confirmed to be on sale after almost six decades of family ownership but did not indicate the valuation…
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We are not on sale: Kenya’s leading coffee chain Java House Africa refutes claims that it is being sold
KENYA – Java House Africa, one of the leading coffee houses in East Africa, has refuted claims that its owner, UK-based private equity fund Actis…
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FOODICS, KASO partner to fully digitalize restaurants’ inventory management and boost accuracy
UAE – FOODICS, the leading cloud-based restaurant management technology and payments platform in the MENA region, has entered into a strategic partnership with KASO to…
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Dough Works Limited opens 8th KFC and 9th Pizza Hut outlets in Dar es Salaam
TANZANIA – Dough Works Limited (“DWL”), the sole franchisee owners for two global Quick Service Restaurant (“QSR”) chains Pizza Hut & KFC in Tanzania, has…
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Mauritian conglomerate IBL Group eyes more buyouts in aggressive expansion in Kenya
KENYA – Mauritian conglomerate IBL Group is moving aggressively to cement its presence in Kenya’s agrochemicals, consumer goods distribution, and other sectors a few months…