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CONSUMER GOODS & RETAIL NEWS

Newsworthy articles with a focus on the Middle East & Africa

April 2018

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Anheuser-Busch InBev

Anheuser-Busch InBev lays groundwork for US$100m Tanzania brewery

Anheuser-Busch InBev has confirmed it wants to build a new brewery in Tanzania, with a potential investment of up to US$100m. The global brewer said today it is working with the government in the East African country to find a site for the project in Dodoma, Tanzania's capital.
Heineken beer in Kenya

Heineken launches new beer in Kenya

Global beverage giant Heineken has introduced a new draught beer into the Kenyan market. The Dutch brewer recently launched the product, approximately four months after unveiling Amstel, another alcoholic drink.
Tasweeq Shopping Malls Egypt

Tasweeq Shopping Malls Egypt to implement, manage two malls worth about EGP 1bn

Tasweeq Shopping Malls Egypt company will manage two new projects with total investments of about EGP 1bn, which are commercial malls in the cities of Sheikh Zayed and New Cairo. Mohamed Galal, chairperson of the company, said that the first project is a commercial centre in the city of New Cairo.
Indonesia Saudi retail sector

Indonesia eyes cooperation to enter Saudi retail sector

The Indonesian Trade Promotion Center (ITPC) in Jeddah is seeking cooperation with Danube Company Ltd, a retail company in Saudi Arabia. “It is a pilot project to penetrate the Saudi market through the retail network owned by Danube Company Ltd.,” ITPC Jeddah head Gunawan said in a statement.
Kuwait’s Mabanee Riyadh mall

Kuwait’s Mabanee to secure $1.3b financing for Riyadh mall

Kuwait’s Mabanee is set to sign more than 5 billion Saudi riyals ($1.33 billion; Dh4.89 billion) worth of financing from banks to develop The Avenues Riyadh shopping mall, said chief executive Waleed Al Sharian.
Majid Al Futtaim mall in Abu Dhabi

Majid Al Futtaim breaks ground on $93m mall project in Abu Dhabi

Majid Al Futtaim has announced breaking ground on My City Centre Masdar, its first shopping mall in Abu Dhabi. According to the developer, Amana Steel Contracting, the project’s main contractor, has commenced works on the $92.6m (AED340m) retail and leisure development.
Dragon Mall in Jordan

Dragon Mall opens in Jordan as platform for Chinese products

The Chinese Dragon Mall opened in Jordanian capital Amman, with a wide variety of Chinese products for sale. The mall with 160 stores, which covers around 20,000 square meters, costs about 20 million U.S. dollars to build.
JMA Group supermarket chain in UAE

JMA Group invests $16m to open supermarket chain in UAE

JMA Group has invested $16m (AED60m) to open a chain of twenty supermarkets in Dubai by the end of 2018, creating an estimated 1,000 jobs in the country. The firm will invest further to open around 100 convenience stores across the UAE, GCC and Asia by 2020.
Shurooq, Nakheel retail center in Sharjah

Shurooq, Nakheel partner to develop Dhs75 million retail centre in Sharjah

The Sharjah Investment and Development Authority (Shurooq) and master developer Nakheel have collaborated in a joint venture, that will develop a new community retail centre to Sharjah.
Algerian retailer Condor smartphone in France

Algerian retailer Condor to launch EUR 299 own-brand smartphone in France

Algerian retail group Condor Electronics will enter the French smartphone market in June with the launch of the Allure M3, an own-brand handset priced at EUR 299 and featuring a borderless 6.2-inch full HD screen.
Amazon Hiring in Riyadh

Amazon Makes Hiring Push in Riyadh After Saudi Prince’s Visit

Amazon.com Inc. is adding several jobs in Riyadh, Saudi Arabia, signaling Jeff Bezos’s desire to expand in the country following a closely watched meeting with the crown prince.
E-commerce Noon online auctions

E-commerce major Noon set to launch online auctions

E-commerce company noon, which launched last year, is set to introduce a new online auction functionality within the platform in cooperation with government entities in the UAE and Saudi Arabia.
Kenyan e-commerce platform rival Jumia

Kenyan firm invests Sh30Mn on e-commerce platform to rival Jumia

Kenyan firm Goldenscape Group has invested Sh30 million in an online shopping platform set to rival Jumia Kenya. The platform dubbed Orion Online Mall is already live with many technology products.
Saudi's Nadec Al Safi Danone

Saudi Arabia's Nadec Acquires Al Safi Danone

Saudi Arabia-based Al Safi Holding, a unit of Al Faisaliah Group, has sold its shares in Al Safi Danone Company, a producer of dairy and juice products, to National Agricultural Development Co (Nadec).
Unilever local raw materials

Unilever partners local farmers to reduce importation of raw materials

In line with the Federal Government of Nigeria’s strategy to deepen the quality of growth through the backward integration policy, Unilever Nigeria Plc demonstrated its support for the policy through its “Partner to Win” initiative.
Coca-Cola Water Stewardship

Coca-Cola Intensifies Water Stewardship Partnerships in Middle East and North Africa

WWF and The Coca-Cola Company have been working together for over a decade to help conserve the world’s fresh water resources. As part of this commitment, Coca-Cola already returns 1.75 billion liters of water per year to nature and communities in the Middle East, North Africa and Pakistan.
E-commerce retail sales in Egypt

E-commerce accounts for 0.4% of retail sales in Egypt

The percentage of e-commerce sales in Egypt in terms of volume of retail trade amounted to 0.4% in 2016, according to a report by the Ministry of Communications and Information Technology.
Nigeria e-Commerce Market

Nigeria e-Commerce Market To Hit $13bn In 2018 – Study

The fourth edition of Nigeria Mobile Report released by Jumia Nigeria estimates that the country’s e-commerce market is worth $13 billion this year, indicating a gradual adoption of online marketplace by consumers.
3rd Food West Africa Event

Thriving Business Environment Great Backdrop for 3rd Food West Africa Event

The third edition of Food West Africa - the largest B2B food and beverage industry platform in West Africa - is returning to the Landmark Centre in Lagos, Nigeria from 8 - 10 May 2018.
Dubai CommerCity

Dubai CommerCity.. the first free zone dedicated to e-commerce in the MENA

Dubai CommerCity, the region's first e-commerce free zone, has announced its title sponsorship of the Seamless Middle East 2018 convention.
 
 
Developing Cosmetic Market in Tehran

Developing Cosmetic Market in Tehran

Global cosmetic players are shifting their focus to Iran as a newly open and accessible market for their products and seeking an understanding of the existing market.
Pasta Market in Tunisia

Market Sizing the Pasta Market in Tunisia

Learn how Infomineo supported a MENACA based food-processing company assess the opportunity of penetrating the pasta market in Tunisia.
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INFOMINEO

Infomineo is a data and research service provider, that specializes in Africa and the Middle East, dedicated to supporting global companies in getting access to information that powers their investment decisions in the region. Through a direct presence in key markets such as the UAE, South Africa, Kenya, Egypt and Morocco, Infomineo provides a quick access to market data on key questions such as: market and product prioritization, partner identification, commercial due diligence, route to market, supply chain mapping and competitive analysis among others. Along with conducting custom research for clients, Infomineo also delivers an Expert Network service, an Executive Search service, and a Business Translation service. 

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