Entlaq acquires stake in Egyptian foodtech startup Brotinni to boost expansion

EGYPT - Entlaq a leading Egypt-based entrepreneurship support platform has acquired a stake in Brotinni an Egyptian foodtech startup specializing in dark store butchery and ...

Posted - 24 Oct, 2024

Almarai expands Jordanian operations with acquisition of Hammoudeh Food Industries

UAE - Almarai the Saudi Arabian food giant has strengthened its foothold in Jordan by acquiring Hammoudeh Food Industries through its subsidiary Teeba Investment for ...

Posted - 28 Oct, 2024

Arla Foods proposes US$183M acquisition of Egyptian cheese producer Domty

EGYPT - Arla Foods the Danish dairy company has announced a bid to purchase a majority stake in the Egyptian cheese manufacturer Arabian Food Industries ...

Posted - 29 Oct, 2024

Orange Maroc, Chari.ma partner to advance digital finance in Morocco’s retail sector

MOROCCO - In a move aimed at driving digital transformation across Morocco s retail sector telecommunications operator Orange Maroc and B B grocery buying platform ...

Posted - 30 Oct, 2024

Helios investment partners to acquire 49% stake in Egypt’s Raya Foods

EGYPT - Africa-focused private equity firm Helios Investment Partners has announced a US million investment deal to acquire a stake in Egypt's leading frozen food ...

Posted - 30 Oct, 2024