LATEST NEWS
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E-commerce startup Omnibiz raises US$3m seed round to expand into other markets
NIGERIA – Omnibiz, an e-commerce startup based in Nigeria, has raised US$3 million in a seed round to expand into other markets. V&R Africa, Timon…
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South African e-tailer Takealot appoints Mamongae Mahlare as new Group CEO, KFC launches whatsapp ordering system
SOUTH AFRICA – South Africa’s e-Commerce retailer Takealot Group has appointed Mamongae Mahlare as its new Group Chief Executive Officer, effective 1 October 2021. Mahlare…
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Cameroon attains rise in cocoa production while Uganda continues growth trend in coffee export volumes
CAMEROON/UGANDA – Cameroon has registered a 12% rise in cocoa production in the 2020/2021 season to 292,471 tons. The 35,319 tons increase in produced volumes…
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Post Holdings, Tyson Foods post strong Q3 results buoyed by elevated demand in the food service channel
US – American consumer packaged goods demand Post Holdings and Arkansas-based multinational meat processing company Tyson Foods have reported double digit growth in net sales…
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Mountain Dew to enter alcoholic beverage category as Danone sets “plant-based 2.0” strategy in motion
US – Mountain Dew, a beverage brand owned by American beverage and snack giant PepsiCo, is set to enter the alcoholic beverage category with the…