AFRICAN & MIDDLE EAST NEWS
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Nigerian Breweries Limited halves its Profit After Tax in 2020 earning US$19.32m
NIGERIA – Nigerian Breweries Plc has recorded a net revenue of N337.046 billion (US$884.05m) in the year ended 31 December 2020, a 4.3% rise from…
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Local Kenyan retailer Khetia’s enters Nairobi, as Quickmart and Carrefour open new outlets
KENYA – Khetia’s Supermarket, a local Kenyan retailer majorly operating in the Western region of the East Africa country, has expanded its footprints and opened…
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IFAD reappoints its president Gilbert Fossoun Houngbo for a second four-year term
TOGO – International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations has announced the reappointment of Gilbert Fossoun Houngbo, a senior…
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Coca-Cola taps former Safaricom executive to be Vice President of East and Central Africa franchise
KENYA – Coca-Cola Africa has appointed Debra Mallowah as the new Vice President for the East and Central Africa franchise effective February 15, 2021. Debra…
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Cameroonian Livestock Development Corporation becomes a full fledged public entity
CAMEROON – The government of Cameroon has inked a decree transforming Livestock Development Corporation (SODEPA) into a state-owned company. This transformation, according to Business in…