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
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...
Nigeria approves upgrade of VHF radio systems at major airports Project includes new biometric portals, scanners, and passenger guidance...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agriculture, and energy projects in member states Key decisions...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency, even as the continent continues to face the ongoing...
Chocolate giants linked to deforestation via indirect cocoa sourcing in Liberia Global Witness says opaque supply chains mask origin of uncertified...
MoMA opens Pan-African portrait photography exhibition on December 14 Show explores mid-20th century African identity and political...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...