LATEST NEWS
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Çelebi Aviation enters Kenyan market with US$40M acquisition of Transglobal Cargo Centre Ltd
The handler stated that the move into Kenya marks “a key milestone in its expansion across Africa” and reinforces “its focus on high-potential regions.”
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Geopolitical pressures force Ethiopian Airlines to raise freight tariffs by 20%, hitting horticulture exports
Air freight pricing follows a tiered structure in which per-kilogram rates decrease as shipment volumes increase.
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CVC injects US$245.57M into Lipton Teas to support turnaround, avoid debt restructuring
CVC injects €210M into Lipton Teas to support recovery efforts, strengthen liquidity, and reduce restructuring risk as declining revenues and high debt pressure the business.
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Carlsberg reports first volume growth in over a year as Q1 2026 sales rise 3.6%
Carlsberg returns to volume growth in Q1 2026, driven by premium and non-alcoholic drinks, while warning of continued cost pressures from Middle East geopolitical tensions.
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Tanzania boosts local manufacturing as Lomatan launches Riviera alcohol Brands
Tanzania strengthens local manufacturing and anti-counterfeit efforts as Lomatan launches Riviera alcohol range, highlighting investment growth and renewed focus on consumer safety and market regulation.