The Dutch brewer said UK on-trade sales were close to zero over the period, which even surging off-trade sales, up by a 'low-30s' percentage, failed to offset. This contributed to a 9.7 per cent drop in beer sales by volume across Europe in the quarter.
A breakdown of the transactions published on the Nigerian Stock Exchange, show that the Swiss multinational food and drink processing company purchased 1.98 million units on March 2, 2021, at N1,348.84 per share and another 186,277 at N1,349.74 per share on March 3.
US retail giant Amazon announced that it would be opening its first African office in South Africa with a real estate investment of over 4 billion rand ($280 million). The headquarters would reside on 70,000 square metres (17.3 Acres) of land on the outskirts of the city centre.
Uludag, one of Turkey’s leading beverage producers, will expand its operations with a €15 million loan from the European Bank for Reconstruction and Development. The loan will finance research and development (R&D) investments that will enhance the company’s competitiveness at home and abroad.
Multiple factors have combined to bring African countries to an e-commerce adoption tipping point, creating more opportunities than ever for online and omnichannel merchants. This is particularly true for merchants in fashion, beauty, education, and digital goods.
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...
DP World said it will initially launch DUBUY.com in Rwanda with a view to eventually deploying it around the world. The terminal operator also revealed that DUBUY.com adds digital trading corridors to the physical corridors DP World has built across the African continent with its investment in ports, terminals and logistics operations.
Apple Pay is the smartphone manufacturer’s payment and digital wallet system. Users of the iPhone, iPad, Mac and Apple Watch can use the feature to pay online on various apps and at Tap and Pay NFC terminals
Carrefour Egypt rolled out a new mobile-enabled service “scan&go” which allows customers to use their smartphones to scan and bag purchases on their own, according to a March 23rd emailed press release.
The Founder, Bukky Ojo, described the platform as one that provided consumer-to-consumer, business-to-consumer and business-to-business sales services via online marketplace portals, as well as electronic payment services, shopping, search engines and directories.
This move will support a recent initiative launched by the Central Bank of Egypt (CBE) to accelerate the transition to digital payments in the country, Amazon's payments processing unit said in a statement on Tuesday.
This partnership with Visa provides consumers with access to more merchant services on Hubtel’s e-commerce platforms. It also allows Hubtel to explore further payment services such as ‘tap to phone,’ amongst others, to reduce the dependency on cash, especially among small businesses
Coca-Cola Beverages Africa (CCBA) is the biggest bottler on the continent, and the eighth biggest in the world. It has 16,000 employees (half of whom are in South Africa) and 40 bottling plants in 14 territories, which produce 40% of all Coca-Cola products sold in Africa by volume.
Nestlé Côte d’Ivoire closed its 6th consecutive day of gains on the regional stock exchange BRVM. If the company keeps this trend as forecasted, it will be well-positioned to hit its best stock gain since 2012.
The tool is in its initial stages but Cedric van Cutsem, Associate Director Cocoa Life, Operations, Mondelēz International said the company is encouraged by the tool’s detailed analysis of the environment so far.
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