Food service, Retail, E-commerce
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Jumia introduces new quick commerce platform Jumia Food Mart in Nigeria
NIGERIA – Africa’s leading ecommerce and logistics company, Jumia, through its food and grocery delivery outfit – Jumia Food, has introduced its new concept Jumia…
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Sundry Foods issues US$23.7m Commercial Paper to support its short-term financing needs
NIGERIA – Sundry Foods Limited (SFL), an integrated food service company in Nigeria has registered its N10 billion (US$23.7m) Commercial Paper (CP) Issuance at the…
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Giant retailer OK Zimbabwe seeks to unbundle business into group of companies
ZIMBABWE – Zimbabwe Stock Exchange (ZSE) listed retail outlet, OK Zimbabwe, has hinted at restructuring of the company that would entail unbundling into a group…
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Shoprite acquires new fuel-efficient trucks, Pick n Pay reveals name of new middle-market brand
SOUTH AFRICA – Giant retailer Shoprite, has beefed up its logistic operations with acquisition of more than 100 of fuel-efficient trucks dubbed Scania Euro V…
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Investindustrial snaps up bulk of TreeHouse Foods’meal prep unit for US$950m
US – In an effort to reduce debt and strengthen the balance sheet, US private-label major TreeHouse Foods has sold a bulk of its meal…