Food & Beverage

Food & Beverage

Coca-Cola in Africa: a long history of shrewd marketing and political alliances

Coke's history in Africa is deeply and often surprisingly intertwined with key moments, including the emergence of postcolonial nations and the end of Apartheid in South Africa
Billboard in Kampala advertising Coca-Cola. While Africa is largely absent from books on Coca-Cola, the company’s imprint on the continent is enormous. It is present in every nation. The story of Coke's arrival in Africa in the early 1900s is deeply, and often surprisingly, intertwined with key moments in African history. These include the end of Apartheid in South Africa and the emergence of postcolonial African nations. Coca-Cola is also what it is in Africa today because it became local, bending to the will of Africans in everything from sports to music to healthcare.
Food & BeverageMergers & Acquisitions

8 Miles sells Biyinzika Poultry to investor consortium as it winds down operations

8 Miles, the UK-based fund, has sold its entire stake in Biyinzika Poultry International Ltd to a consortium that includes an American company and a regional industry executive
A lorry owned by Biyinzika Poultry International Limited, which was has been sold by its owner, 8 Miles LLP, a UK-based private equity fund, to a consortium that includes an American company and a “regional industry executive.” Established in 1990 as a poultry breeder, Biyinzika is one of Uganda’s leading suppliers of day-old chicks, poultry feeds, broilers and dressed chicken. Its brands include Pearl Chicken and Biyinzika Feeds.