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April 11th, 2021

Africa News

Carrefour Set to Open Fourth Outlet in Cameroon

The new outlet to be opened before the end of the year will be the 3rd in Douala, hosted inside the Douala Grand Mall in Cameroon.

Ugandan Coffee Export Rise 6.3% Fetching US$46M in August

Uganda, Africa’s leading coffee exporting country, earned US$ 46.06 million from exports of 519,683 bags of coffee each weighing 60kg.

Juliet Ehimuan takes over Nestle Nigeria as Non-Executive Director

Nestle Nigeria Plc has appointed Mrs Juliet Ehimuan as an Independent Non-Executive Director. The appointment is said to have taken effect from February 24, 2020.

Tanzanian Meat processing Firm’s US$10m Plant set to Commence Operations

TanChoice, a meat processing firm in Tanzania is set to commence operation of its new meat processing plant in April this year.

Kenyan Coffee Farmers to Receive US$ 26.7m from KPCU

The Kenya Planters Cooperative Union (KPCU) has received Sh2.7 billion from the Treasury of Kenya for lending to coffee farmers as the Government moves to revive the collapsing coffee sector.

Burger King to start Operations in the Ethiopian market

Burger King, the global fast-food franchise has teamed up with Belayab Foods Production, owner of Pizza Hut chain restaurants to set up operations in Ethiopia.

Sendy Raises over Ksh2 Billion for Expansion

Logistics firm Sendy, which runs an app, linking delivery drivers with customers, has raised Sh2 billion in funding from a group of institutional investors including Japanese conglomerate Toyota Tsusho Corporation (TTC).

Turkish Agency Launches Project to Boost Crop Yield In Somaliland

The Turkish Cooperation and Coordination Agency (TIKA) has propelled a program to help heighten the quality and number of crops and livestock in Somaliland. The agricultural development project will also oversee measures against any threat of future drought.

Carrefour Widens it’s Reach with New Branch in Uganda

Carrefour has opened its first branch in Kampala in an expansion drive aimed at taking up space previously occupied by Nakumatt Holdings. The store is located at Oasis Mall, at the heart of Uganda’s capital, Kampala.