n South African Food Review - Tap into Africa's spending power : editor's forum
|Article Title||Tap into Africa's spending power : editor's forum|
|© Publisher:||New Media Publishing|
|Journal||South African Food Review|
|Publication Date||Jul 2013|
Last year, Tiger Brands bought a majority stake in Dangote Flour Mills (DFM), one of Nigeria's largest flour and pasta producers. The FMCG giant also has operations in Cameroon, Ethiopia, Kenya and Zimbabwe. According to Thushen Govender, head of business development, when deciding where to invest, the company first performs an analysis of African countries (assessing the socio-economic environment, consumer-driven factors, GDP, GDP per capita, population and so forth).
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