Starbucks to enter sub-Saharan Africa in partnership deal
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Johannesburg
STARBUCKS Corp coffee shops will open in sub-Saharan Africa for the first time after the world leader partnered Johannesburg-based franchiser Taste Holdings Ltd, whose shares soared to an all-time high.
The two companies have signed an exclusive agreement to develop Starbucks outlets in South Africa from next year, Taste said on Tuesday. The company has the licence for as many as 25 years, a deal which includes rights to open in some other African countries.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
