UAE-based food major Agthia Group has announced that its board of directors has approved the acquisition of a majority stake in Nabil Foods, a regional producer of frozen and chilled processed protein products.
PepsiCo Egypt has added six new production lines and upgraded some of the old ones. This boosted the output capacity by 10% to 15%, In 2021 investment plan, the food and beverage firm aims to add additional production lines. It will include a drinking water line with a capacity of 1,500 bottle packs
Anheuser-Busch InBev NV’s South African division canceled a further 2.5 billion rand ($165 million) of investment after the government banned alcohol sales for a third time to control a resurgence of coronavirus cases.
Heineken South Africa is reportedly planning to retrench 70 people. The company also intends to stop new investments due to trade restrictions created by the pandemic and alcohol sales ban in the country.
In consulting the difference between high performing and "traditionnal"research functions has been widening over time. We identified 8 major trends shaping research. Some of them also apply beyond consulting...
Mikael Naciri, the CEO of Interbank Electronic Banking Centre (CMI), said that transactions totaled MAD 1.4 million ($158,000) in December alone. Transactions in January of 2020, in contrast, reached MAD 900,000 ($102,000).
Financed by Public Investment Fund (PIF) of Saudi Arabia, UAE-based online marketplace Noon is set to enter the online food delivery market. The platform is currently getting restaurants onboard and is planning to roll out delivery services in the UAE in March and Saudi Arabia later on this year.
Ministry of Commerce and Industry encouraged shops and business to increase e-commerce services as much as possible and support companies in completing this vital trend.
The app features a ‘build your shopping list’ function, as well as a ‘, frequently purchased’ tab which saves items bought regularly. The online shopping app allows customers to choose a one-hour delivery slot either on the same day or the next day between 9 am - 8 pm, for a delivery fee of Sh99
DP World's Jebel Ali Free Zone (Jafza) signed a Memorandum of Understanding with the UAE-based STAR-K kosher certification on Sunday to educate the zone's food and agricultural industry on kosher certification and to help certify them as kosher.
Brussels anti-trust regulators have launched a price-fixing investigation into Cadbury owner Mondelez. The European Commission is concerned that Mondelez restricted trade across borders between EU countries, pushing up prices for its products.
Coca-Cola Nigeria Limited and its bottling partner Nigerian Bottling Company Limited (NBC) has pledged its support to GiveFood.ng, an emergency food relief platform, through a donation of N19 million to feed vulnerable families in its host communities
Mastercard, Unilever and KCB Bank have built on their partnership to support micro-merchants in Kenya by expanding their current Jaza Duka program to provide an extensive COVID-19 relief package to retailers.
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