LATEST NEWS
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Egyptian dark store operator, on-demand delivery startup YFS closes US$7m Series A funding round
EGYPT – Another win for hyper-localized on-demand delivery startups in Egypt as Yalla Fel Sekka (YFS), has successfully raised US$7m in its latest funding round.…
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Dreyer’s Grand Ice Cream to invest US$355m in factory upgrades as sales heatup
USA – Dreyer’s Grand Ice Cream is investing US$355 million in factory upgrades across the US to meet the rising demand for ice cream products.…
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Distell’s minority shareholder Ninety One poke holes on Heineken’s proposed take-over deal
SOUTH AFRICA – As the world’s second-largest beer manufacturing company, Heineken, nears to swoop up Africa’s leading producer and marketer of ciders, Distell, global asset…
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Executive Appointment Roundup: New appointments at Future Meat, Idahoan Foods, Anglia Maltings, & Planet Based Foods
GLOBAL – Today we look at a major executive appointment at Israeli food technology company Future Meat as well as other senior appointments in Idahoan…
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Tuskys to lose largest asset yet through public auction over US$5.7m debt
KENYA – Ailing retailer Tuskys is facing a new auction at one of its remnant branches inside Nairobi’s Central Business District (CBD), over a Ksh650…