Latest News

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.

Mondelez to cease Cadbury production in Kenya 3 Oct 2014

Mondelez International intends to end production of Cadbury products in Kenya as part of its global drive to improve supply chain efficiency.

KENYA: Unilever plans new facility 24 Sep 2014

Unilever is to set up a new production site in Kenya and move out of its current facility in central Nairobi.

KENYA: Danone strengthens Africa ops with Brookside tie-up 18 Jul 2014

Danone has purchased a stake in the holding company of Kenyan dairy group Brookside in a move it said would "significantly enhance" its reach in east Africa.