Latest News

Kenyan fresh food supplier Kakuzi suspended by Tesco following abuse claims 12 Oct 2020

Kakuzi, a Kenya-based supplier of avocado, pineapple and macadamia nuts, has initiated an investigation into serious abuse claims on its estates.

Private-equity house TPG lines up investment in Kenyan dairy firm Maziwa 1 Nov 2019

TPG, the US private-equity major, has snapped up a minority stake in a dairy firm in Kenya, according to a filing from the local competition regulator.

Unilever invests in Kenya-based plastics recycling business Mr Green Africa 2 Sep 2019

Anglo-Dutch consumer goods giant Unilever has invested in a Kenya-based plastics recycling business alongside two investment organisations.

South Africa's Tiger Brands offloads 51% Haco stake 28 Feb 2018

South Africa-based consumer foods group Tiger Brands has sold its 51% stake in Haco Tiger Brands to Kenyan multi-millionaire Chris Kirubi, who now takes full ownership of the company.

Tiger Brands to quit Kenya 22 Feb 2017

Tiger Brands, the South Africa-based consumer goods group, is to sell its 51% stake in a venture in Kenya, marking the end of its interest in the country.

Pioneer Food Group buys into Weetabix east Africa unit 16 Nov 2016

South Africa's Pioneer Food Group has acquired a 49% stake in the east African business of UK breakfast cereal group Weetabix.

Tiger Brands Kenya profits "manipulated" 21 May 2015

South Africa-based FMCG group Tiger Brands has revealed its business in Kenya saw "manipulation" of its profits in its last financial year.

PE group Fanisi invests in Kenya's European Foods Africa Ltd 13 Apr 2015

Private-equity group Fanisi Capital is investing US$2.1m in European Foods Africa Ltd (EFAL), a Kenyan food company.

Wrigley replaces plant in Kenya for Africa push 9 Apr 2015

Wrigley is building a new gum plant in Kenya, replacing a site near Nairobi, as the company bids to expand its presence in the wider continent.

EU strikes deal with African trade bloc 17 Oct 2014

The EU and the East African Community (EAC) have finalised a comprehensive agreement to boost trade, including of food products, between their regions.