ESM is proud to launch a new weekly series, Notes From Africa, which will bring you the latest retail, consumer goods and food and beverage stories from across the African continent. Past editions can be found here.
In this week's report:
Mozambique: Bananalândia Inaugurates Banana Processing Plant
Bananalândia, a leading company in the banana industry in Mozambique, has unveiled a $20 million (€16.6 million) banana processing plant. Based in Maputo province, the facility covers an area of 900 hectares, which also includes a banana plantation. It has been developed to strengthen the position of Mozambique's banana industry and the added value created by the sector, which offers direct and indirect employment opportunities for thousands of workers.
Zimbabwe: Delta Corporation Invests $1m In Sorghum Supply
Delta Corporation, Zimbabwe's leading brewer, has spent $1.1 million (€ 918,000) to secure its local supply of red and white sorghum. This will enable its growers to supply 13 425 tonnes of the raw material in 2021, from 9,508 hectares. Through this investment, the company hopes to capitalise on the growing consumer demand for local beers. In 2019/2020, Delta Corporation contracted over 7,000 communal small-scale farmers and 56 commercial farmers. The company produces 2.7 million hectolitres of sorghum beer for the year.
Ethiopia: Lame Dairy To Invest €12m In New Processing Facility
Lame Dairy has launched a production unit in Addis Ababa, at a total cost of 600 million birr (€12 million). It has a processing capacity of 160,000 litres of raw milk per day. The plant will produce shelf-stable milk under the Shola brand as well as other by-products such as cheese and yogurt. Lame Dairy was established in 2007 and is one of around 40 milk processing companies in Ethiopia.
Kenya: Naivas Launches 4th Store In Nakuru
Kenyan retailer Naivas has opened its fourth store in its home town of Nakuru. The company, which has already reached 70 branches in the local market, has taken advantage of the bankruptcy of former heavyweights in the sector such as Nakumatt and Tuskys. Naivas' story began in 1990 with the opening of a store in Nakuru. Today, the company boasts an average annual turnover of 50 billion shillings (€391 million) and employs about 5,000 people.
Zambia: Soybean Crushing Plant To Be Established In Lusaka
In Zambia, Alliance Ginneries Limited is to invest $11 million (€9 million) to set up a soybean crushing plant with the support of Prospero Zambia, a UKaid-funded private sector development entity. Based in the capital, Lusaka, the plant will rely on a network of 50,000 farmers for its supplies, and will reduce the country's dependence on imports. Zambia produces more than 300,000 tonnes of soya annually.
Kenya: Eat'N'Go Launches Operations
Eat'N'Go, the Nigerian franchise of the fast food chain Domino's Pizza, has launched operations in the Kenyan market by acquiring the franchisee that operates Cold Stone Creamery and Domino's Pizza in Kenya. This is the company's first foray into the East African region. The expansion to this new region is in line with the company's plan to reach 180 stores across Africa by the end of 2021. Since its arrival in Nigeria in 2012, the company has grown exponentially, currently operating 130 outlets across the country.
© 2021 European Supermarket Magazine – your source for the latest retail news. Article by Espoir Olodo. Click subscribe to sign up to ESM: The European Supermarket Magazine.