Food service, Retail, E-commerce
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Carrefour Kenya plans to enter lakeside market with a bang, set for twin openings
KENYA – Carrefour Kenya, operated by Dubai-based conglomerate Majid Al Futtaim, is set to open two branches in Kenya’s third largest city, Kisumu, in pursuit…
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WayCool Foods to invest US$20m in expansion into Western India and Middle East
INDIA – Tech-powered food and supply chain enterprise WayCool Foods is investing close to US$20 million for its expansion plans this year which includes a foray into Western…
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Kenyan retail startup MarketForce raises US$2m series A funding round, eyes Nigerian market
KENYA – Kenyan retail-tech startup MarketForce, has undertaken a Series A funding round, raising US$2 million to scale up operations. Existing investors such as P1…
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Bolt Food South Africa expands into Johannesburg as it guns for rivals
SOUTH AFRICA – Bolt Food South Africa, the food delivery arm of ride-hailing firm Bolt, is eyeing expansion into Johannesburg as it readies to take…
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Apollo Global enters race to buy UK’s fourth largest supermarket chain Morrisons
UK – Global alternative investment management firm, Apollo Global Management, has joined the race to acquire UK’s fourth largest supermarket chain, Morrisons. Apollo Global’s purchase…