LATEST NEWS
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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…
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Diageo invests in Indian craft gin maker Nao Spirits, to build US$191m distillery in Canada
INDIA – Diageo has invested US$4.1 million in Indian craft gin maker Nao Spirits as part of efforts to strengthen its participation in the fast-growing…
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Nigeria promotes agriculture productivity by rehabilitating 35-hectare farm estate
NIGERIA – The Federal Government of Nigeria has inaugurated the rehabilitated 35-hectare Achara-Ubo Emekuku Integrated Farm Estate in Imo State, earmarked to engage about 1,000…
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Afdis registers 52% growth in nine-months revenue propelled by sales volume jump
ZIMBABWE – African Distillers Limited (Afdis), manufacture, distributor and marketer of branded wines, ciders and spirits in Zimbabwe, has reported a 57% growth in revenue…
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American fast-food chain McDonald’s to set up virtual restaurants in the metaverse
USA – McDonald’s, the world’s largest fast-food restaurant chain, has applied for trademarks for virtual restaurants in the metaverse in preparation for a possible launch…