LATEST NEWS
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Shoprite plans on-demand JV with RTT Group to strengthen in new e-commerce offering
SOUTH AFRICA – The Shoprite Group through its on demand one-hour grocery delivery service, Checkers Sixty60, has entered into a joint venture with its existing…
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Eos Capital raises US$5.7m in Euphrates Agriculture Fund dedicated to Namibia’s agriculture sector
NAMIBIA – Namibian private equity fund manager, Eos Capital, has announced the first close of its Euphrates Agri Fund, having raised N$90 million (US$5.7 million).…
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Yili Group bolsters presence in Southeast Asia with opening of ice cream factory in Indonesia
INDONESIA – Chinese dairy products producer Yili Group has opened a new ice cream in Indonesia, its first in Southeast Asia, to enable it better…
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Hilton Food Group enters US protein market with acquisition of Foppen for US$102m
UK – British food packaging company Hilton Food Group is set to gain entry into the US market following the acquisition of Dutch Seafood Company – which trades…
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Kraft Heinz bolsters international presence with acquisition of Just Spices
GERMANY – The Kraft Heinz Company is bolstering its international market footprint by agreeing to acquire an 85% stake in German start-up Just Spices. The remaining 15% ownership stake…