LATEST NEWS
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ADM to invest US$350m in soybean crashing capacity to meet rising demand
US – Archer Daniels Midland (ADM) has announced that it will invest approximately US$350 million to build a new soybean crushing plant in North Dakota,…
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Flipkart to expand warehouse capacity to strengthen grocery handling infrastructure
INDIA – Flipkart, one of the largest online grocery retailers in India, has said it plans to expand its fulfilment centre capacity for grocery by…
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Turkish retailer BIM sells 35% minority stake in Morocco’s unit to Blue Investment Holding
MOROCCO – BIM, a Turkish retail chain company, has announced the sale of 35% minority shares of the capital of its subsidiary in Morocco, Bim…
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QuickMart stiffens competition in Kenya’s retail market plans to open four new stores
KENYA – QuickMart, Kenyan retailer and majority owned by Mauritius-based private equity firm Adenia Partners, is set to open four more stores in the country…
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Twiga Foods launches first private label product dubbed SokoYetu Rice
KENYA – Kenyan-based technology food distribution platform, Twiga Foods has further climbed the value chain with the launch of its first private label rice dubbed…