Updates

PepsiCo Completes Acquisition of Siete Foods

Deal Will Expand PepsiCo’s Food Portfolio to Include More Options for Consumers Looking for Positive Choices and Simple Ingredients January 17, 2025 /PepsiCo PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods (“Siete”), for $1.2 billion.  Over the […]

Massmart, Walmart Announce first Africa-Focused Supplier Growth Summit

January 17, 2025/Massmart Massmart and Walmart have announced the first Africa-focused supplier Growth Summit which will be held in Johannesburg on 2 April 2025. The summit is modelled on similar highly successful events that Walmart has hosted, most recently in their Chile market.   The objective of the event is […]

United Capital Weekly Pan African Monitor Friday 17-January-2025

January 17, 2025/United Capital Research Anglophone West Africa Nigeria Nigeria’s headline inflation rate rises to 34.80% in December 2024 The National Bureau of Statistics (NBS) released Nigeria’s CPI Inflation report for December 2024. According to the report, headline inflation rate in Nigeria experienced a slight increase, reaching 34.80%. This marks […]