LATEST NEWS
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Moroccan retailtech startup Chari.ma raises US$5m to spearhead expansion plan
MOROCCO – Chari.ma, a Moroccan B2B e-commerce platform that fashions retailers with suppliers has raised US$5 million in the largest venture funding round in the…
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Massmart eyes majority stake in delivery service provider OneCart to bolster eCommerce capabilities
SOUTH AFRICA – Walmart-owned South African retailer, Massmart has reached agreement to acquire 87.5% of the issued shares in OneCart. This is in line with…
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Tyson Foods invests US$61m to expand fully cooked chicken production facility in Mississippi
USA – American multinational food corporation Tyson Foods is investing US$61 million into its fully cooked chicken production facility in Vicksburg, Mississippi as part of…
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International Flavour & Fragrances CEO Andreas Fibig to retire after 7 years at the helm
USA – International Flavors & Fragrances Chairman and CEO Andreas Fibig has announced that he will retire, ending his successful 7-year stint at the company which is now the…
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Barry Callebaut expands presence in Southeastern Europe with inaugration of US$64m chocolate factory in Serbia
SERBIA – Barry Callebaut Group, the world’s leading manufacturer of chocolate and cocoa products, has officially inaugurated its new chocolate factory in Novi Sad, Serbia’s…