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Investment in Leading Tunisian Snacks Producer and Creation of New North-African Fast-moving Consumer Goods (FMCG) Platform

The investment is consistent with Admaius’s strategy of investing in African FMCG companies positioned to benefit from growing incomes and increasing demand for products tailored to meet local needs  Admaius Capital Partners (www.Admaius.com), a leading pan African private equity house, (“Admaius”) announces that, via a subsidiary of the Virunga Africa …

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Wasoko Launches Innovation Hub In Partnership with The Government of Zanzibar

Africa’s Largest B2B E-Commerce Network Becomes Official Private Sector Ambassador for “Silicon Zanzibar” Initiative  Wasoko, the African e-commerce company leveraging innovative technology to transform the informal retail supply chain, has announced the official launch of the “Wasoko Innovation Hub” in partnership with the Zanzibar government. Located in Fumba Town, Zanzibar, the …

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Nestlé Appoints Arvind Bhandari as Cluster Head for East and Horn of Africa Region

Bhandari has 18 years’ experience of driving growth of the Nestlé business Nestlé has appointed Arvind Bhandari as the new Cluster Head for East and Horn of Africa, which forms part of Nestlé East and Southern Africa Region (ESAR). In this role Bhandari will manage operations in Kenya, Tanzania, Ethiopia, …

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Sowing the Seeds of Sustainability with Starbucks during Earth Month

Starbucks brings the sustainability theme right home with the simultaneous launch of our partnership with the inspirational Reel Gardening initiative. Reel Gardening produces a biodegradable seed tape planted straight into the ground to improve the chances of a vegetable seedling. With a similar ethos to Starbucks, Reel Gardening uses its …

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Training of Joint Venture to Accelerate Growth of KFC Franchise Portfolio in East Africa

Vivo Energy plc (Vivo Energy), the pan-African retailer and distributor of Shell and Engen-branded fuels and lubricants, has agreed to a non-fuel joint venture to accelerate the roll-out of KFC restaurants in Kenya, Uganda and Rwanda . The 50:50 joint venture Kuku Foods (Kuku Foods), who will remain the local …

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Rwanda Seeks to Jumpstart Ecommerce in Africa

Internet users in emerging markets outnumber those in developed markets by a ratio of 2:1. Yet many emerging markets have struggled to access the benefits of digital commerce. The global market in digital commerce is estimated to reach more than $3 trillion this year, yet Africa claims less than $20 …

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