EGYPT – The Food Lab, Egypt’s first cloud kitchen services operator, has raised US$4.5 million in a pre-seed funding round to support its expansion within…
MOROCCO – Moroccan retail-tech startup WafR, which helps retail brands to deliver promotions to grocers, has raised US$278,000 in funding as it aims to increase…
SOUTH AFRICA – South African retailer Pick n Pay has grown its full year sales for the period ended February 2022 by 5.2% to R97.9…
SOUTH AFRICA – South African retailer Shoprite has appointed Dawn Marole and Paul Norman to its board as independent non-executive directors. Marole, who has significant…
KENYA – Kenya Breweries Limited (KBL), a step-down subsidiary of British alcohol manufacturing giant Diageo, through the East African Breweries PLC (EABL), has upgraded its…