AFRICAN & MIDDLE EAST NEWS

New African Coffee Hub aims to send consolidated, origin-certified African beans directly from Tanger Med to global markets.

Tanmiah Food Company enters three agreements to reduce carbon emissions and improve energy efficiency, including the launch of the region’s first geothermal-cooled poultry facility.

Private‑equity vehicle RMBV (via its North Africa Fund III) has reportedly struck a deal to acquire Spinneys Egypt for roughly EGP 2.5 billion, about US$ 52.4 million at current exchange rates.

Retailer cuts outlets to reduce losses and improve liquidity; company implements cost-cutting and asset sales to manage debt