Food service, Retail, E-commerce
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E-commerce startup Sokowatch raises US$125m series B funding, rebrands to Wasoko
KENYA – African start-up Sokowatch, an online supplier of goods to micro retailers, has closed a US$125 million Series B funding round. The latest round…
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Famous Brands show cases resilient performance amid trade disruptions
SOUTH AFRICA – JSE-listed food services franchiser Famous Brands, has reported strong sales and revenue performance for the year, despite facing challenges. According to the…
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Canadian multinational fast food restaurant chain Tim Hortons to launch in India
INDIA — Tim Hortons, a leading Canadian multinational fast food restaurant chain, is set to launch in India as part of an exclusive agreement with…
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Shoprite leverages on wind, solar power to run Checkers Sitari entirely on renewable energy
SOUTH AFRICA – Retail giant Shoprite has launched South Africa’s first premium supermarket to run entirely off renewable energy from wind and solar sources. This…
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Zomato advances q-commerce ambition with US$100m investment in Blinkit
INDIA – Indian multinational restaurant aggregator and food delivery company Zomato is furthering its q-commerce ambitions by investing US$100 million in Blinkit, one of the…