Breadfast, an Egyptian company that delivers fresh breakfast products, has raised funds from a consortium of investors to finance its expansion over the next three years. The company wants to launch its activity in the cities of Dubai in the United Arab Emirates, and Jeddah and Riyad in Saudi Arabia.
This expansion project will be followed by the opening of Breadfast Now, a supermarket dedicated to the marketing of pastries and foodstuffs from Africa and the Middle East. The Egyptian start-up founded in 2017 by Mostafa Amin, Muhammed Habib, and Abdallah Nofal obtained this round of financing from investors from the United Arab Emirates, the United States and other regions of the world.
“We believe that the customer experience is undervalued in emerging markets, and our goal is to build the right infrastructure using technology to achieve the customer experience that the customer deserves,” commented Mostafa Amin, co-founder and CEO of Breadfast.
Chamberline MOKO
Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...
Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...
• BOAD releases CFA10 billion ($17.8 million) to support Boungou and Wahgnion gold mines.• Burkina F...
In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...
• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...
The MTN Nigeria Dabengwa Tier 3 Data Centre is more than just a physical infrastructure project — it’s a foundational investment in Nigeria’s digital...
• South Sudan initiates a $58 million, four-year project to transform basic education nationwide.• The program aims to directly benefit over 300,000...
• Cape Verde reclassified as an upper-middle-income country due to a 16.8% rise in GNI per capita.• Namibia downgraded to lower-middle-income after a...
• Ivory Coast grants two new four-year gold exploration permits to Global Industries Sarl and Rampage Exploration Sarl.• National gold production reached...
The Gerewol tradition is a fascinating ritual celebrated by the Bororo Fulani, a nomadic community primarily located in Chad and Niger. This annual...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful...