Food service, Retail, E-commerce
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Nestlé partners Nomanini, Standard Bank Partner to supports informal retailers in Africa, keep them afloat
AFRICA – Nestle, global food and beverage giant, has partnered with South Africa based fintech platform Nomanini and Standard Bank, to provide informal retail Micro,…
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Indian foodtech unicorn Zomato shuts down South African operations
SOUTH AFRICA – Indian food delivery startup Zomato has completed the processes of deregistering its South Africa subsidiary. According to a filing with the Bombay…
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Egyptian online grocery startup Tawfeer Market raises funding to stir early growth
EGYPT – Egyptian online grocery retail startup Tawfeer Market has raised US$500K in a seed round which recorded participation of Alexandria Business Angels Networks. Launched…
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Egypt’s healthy foods online platform 3attar receives funding to steer growth
EGYPT – Egypt-based foodtech startup 3attar has secured seed investment from AUC Angels, UI Investment and a group of angel investors. Established in 2019, 3attar…
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Cloud kitchen startup Curefoods raises US$62m to fund aggressive growth plans
INDIA – Curefoods Pvt Ltd, a fast-growing Indian cloud kitchen startup, has raised US$62 million from existing investors Iron Pillar, Chiratae Ventures, Sixteenth Street Capital,…