Food service, Retail, E-commerce
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Majid Al Futtaim Holding appoints Ahmed Galal Ismail as new CEO
UAE – Majid Al Futtaim Holding, a Dubai-based retail and real estate conglomerate, has unprecedentedly replaced its chief executive officer Alain Bejjani, who served in…
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Restaurant chain Subway linked to pursuing sale for US$10bn
US – American multinational fast-food restaurant franchise, Subway, is exploring a potential sale that could value the sandwich chain at more than US$10 billion, a…
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UK-based private equity fund Actis looks for potential buyer for Kenya’s biggest restaurant chain Java House
KENYA – UK-based private equity fund Actis has put Java House (Java), a Kenyan-based restaurant chain, on sale for an undisclosed value, three years after…
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Jumia Food, Domino’s Pizza partner to expand customer base across Nigeria
NIGERIA – Africa’s leading eCommerce and logistics company, Jumia, through its food and grocery delivery outfit – Jumia Food, has partnered with the American multinational…
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Food service management startup Suplyd raises US$1.6m, Appetito merges with Jumlaty
EGYPT – Suplyd, an Egypt-based startup that digitises supply chain operations for the Mena region’s hotels, restaurants, and catering (HORECA) industries, has clinched US$1.6 million…