Here's the latest in ESM's regular series, Notes From Africa, which brings 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:
Rwanda: Kayonza Distribution To Set Up Cooking Oil Production Unit
Rwandan food producer Kayonza Distribution is to invest $10 million in the construction of a cooking oil manufacturing plant. The facility will have a production capacity of 100 tonnes of oil per day. According to local media reports, the unit is expected to start operations by the end of this year. With this project, the company plans to reduce the reliance on imported cooking oil – in 2020, Rwanda bought 126,000 tonnes of cooking oil on the international market, worth $100 million.
Kenya: Privamnuts Receives Financial Support For Expansion
Privamnuts, a macadamia nut processor and exporter, has received a business loan from Vital Capital. With this financial support, the company plans to strengthen its operations and improve smallholder access to agricultural training. Privamnuts sources its nuts from more than 10,000 farmers, who represent its exclusive suppliers and export markets. Kenya is the third-largest macadamia nut producer in the world.
Morocco: Sykes Seafood To Develop Two Shrimp Processing Plants By 2023
British company Sykes Seafood, together with its sister company Klaas Puul, plans to around €40 million to set up two shrimp processing plants in Morocco by 2023. The first plant will be based in Tangier and will have a processing capacity of 7,000 tonnes of shrimp per year. The second plant, in the city of Fnideq, will be responsible for peeling, cooking and freezing of farmed and wild shrimp. It will also include a filleting, cutting and packaging centre for white fish as well as a line for processing and packaging cod and haddock.
Zambia: Government To Establish $5m Tomato Processing Unit
The Zambian government is planning to build a modern tomato processing plant in Monze, Southern Province. The $5 million facility will cover an area of four hectares, and have a production capacity of 10,000 tonnes of tomato concentrate per year. It is expected to take 12 months to build. This initiative should make it possible to satisfy the local demand for processed tomatoes and to limit the import bill for tomato concentrate, which is around $10 million per year.
Tanzania: Serengeti Breweries To Launch Initiative For Bars And Restaurants
Serengeti Breweries (SBL), Tanzania's second largest brewer, is to launch a Sh2.3 billion ($1 million) programme this month to help bars and restaurants cope with the consequences of the coronavirus. Called 'Raising the Bar', the initiative will run for the next two years and will benefit over 2,000 outlets in Dar es Salaam, Arusha and Mwanza. It will provide businesses with technical equipment to implement social distancing measures as well as training in digital skills and contactless technologies. SBL's move is part of spirits industry leader Diageo's global strategy to support retail outlets around the world.
Kenya: Meal Delivery Start-Up Kune Raises $1m
Kune, a Kenyan start-up offering ready-to-eat meals, has secured $1 million in funding. The funding will enable the company to launch its on-demand food service over the coming months. Kune plans to cover the entire catering chain, from cooking to packaging to delivery, through its transport team. The company will face stiff competition from others well established in this segment such as Glovo, a Spanish food delivery platform.
© 2021 European Supermarket Magazine. Article by Espoir Olodo. For more A-Brands news, click here. Click subscribe to sign up to ESM: European Supermarket Magazine.
