Popular ice cream chain may still survive, as bidders approach Food Lover's

Author: Nick Wilson and Maswazi XalabilePublished on: July 14, 2026Country: South Africa

Business & Economy

Popular ice cream chain may still survive, as bidders approach Food Lover's

A popular ice cream chain in South Africa may avoid closure as multiple bidders have approached Food Lover's. The company, facing financial difficulties, has attracted interest from potential investors. Negotiations are underway for a possible buyout or rescue.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Public Debt: Despite Cheikh Diba's Assurances, Creditors Go on the Offensive

Business & EconomySenegal

senenews.com•18m ago

Public Debt: Despite Cheikh Diba's Assurances, Creditors Go on the Offensive

The Senegalese government rules out debt restructuring, but creditors including Morgan Stanley and BlueBay are in informal talks to form a committee. Minister Cheikh Diba insists on an alternative strategy. The discussions are preliminary.

Ivory Coast-DRC: GUDE-PME and APROCM bet on a partnership to grow African SMEs

Business & EconomyIvory Coast

Samuel KADIO•1h ago

Ivory Coast-DRC: GUDE-PME and APROCM bet on a partnership to grow African SMEs

The Single Window for SME Development (GUDE-PME) of Ivory Coast and the Agency for the Promotion of Congolese Middle Classes (APROCM) signed a framework cooperation agreement on July 14, 2026, in Abidjan. The agreement includes expertise exchanges, training, networking of entrepreneurs, and joint actions for financing, innovation, and business environment improvement. GUDE-PME Director General Yaya Ouattara emphasized that the partnership is part of the National Development Plan 2026-2030 and aims to boost SME competitiveness ahead of the AfCFTA. Ivorian SMEs make up 98% of formal businesses but contribute only 20-23% of GDP.

Why PIX in Brazil Worries Washington but Wave in Senegal Does Not: Issues of Financial Sovereignty

World / InternationalBusiness & EconomyBrazil

senenews.com•2h ago

Why PIX in Brazil Worries Washington but Wave in Senegal Does Not: Issues of Financial Sovereignty

The US administration is concerned about the rise of PIX, a payment system designed by the Brazilian Central Bank, seen as a strategic issue for control over financial infrastructure. In contrast, Wave, although impactful in Senegal, does not provoke similar diplomatic tension because it is a private company operating in a competitive market, unlike PIX which is a public infrastructure controlled by the Brazilian state. The article compares the two models and highlights that the underlying battle is about the ability of states to build their own payment networks independent of US private players.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more