Africa: latest retail news, insights and analysis | ESM Magazine

EU Proposes To Reroute Unused Africa Development Aid To Ease Food Crisis

The European Commission proposed on Tuesday to disburse unused funds initially destined for development projects in Africa to support African countries mos...

Ardagh Group Completes Acquisition Of Consol Glass

Ardagh Group has announced that it has completed the acquisition of African glass packaging maker, Consol Holdings Proprietary Limited for $1 billion.

Ornua To Expand Product Offering In Middle East, Africa

Ornua is introducing Kerrygold butter sticks in Saudi Arabia, Kuwait, and Jordan, and expanding its pizza cheese portfolio with quick-service restaurants i...

Ardagh To Acquire African Bottle Maker Consol For €550m

Ardagh Group has agreed to buy major African glass bottlemaker Consol for 10.1 billion rand (€550 million) marking an expansion into the continent fro...

Shoprite Sees Sales Up In Core South Africa Business, Despite Liquor Store Closures

Shoprite has reported full-year sales growth of 9.3% in its core South African business, despite the prolonged closure of its LiquorShop business due to CO...

Glovo Plans To Invest €50m In Africa In The Next 12 Months

Spanish delivery app Glovo is expanding its operations in Africa, its leading region for growth, and plans to double its existing investment ther...

Coca Cola HBC To Buy Majority Stake In Coca-Cola Bottling Company Of Egypt

Coca-Cola HBC AG has agreed to acquire approximately 94.7% of Coca-Cola Bottling Company of Egypt SAE (CCBCE) for $427 million from its major shareholders,...