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Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce

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3 years ago

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Kyosk

By connecting businesses, consumers, and suppliers, Kyosk.App facilitates seamless transactions and enhances overall efficiency in the supply chain

NAIROBI, Kenya, July 4, 2023/APO Group/ — 

Kyosk Digital Services (www.Kyosk.app), a digital-first and data-led distribution platform, is pleased to announce its expansion into the African fresh produce market with the launch of its Farm & Fresh line of business. This follows on the back of Kyosk’s recent acquisition of KwikBasket, a prominent player in the agricultural industry known for its expertise in the distribution of agricultural produce and for providing valuable services and solutions to farmers, commercial kitchens, and other stakeholders in the food chain.

Kyosk Digital Services specialises in online retail distribution and is driven by a digital-first approach and data-driven insights. The company aims to transform the distribution and accessibility of goods and services in Africa through innovative solutions. By connecting businesses, consumers, and suppliers, Kyosk.App facilitates seamless transactions and enhances overall efficiency in the supply chain.

With the launch of Farm & Fresh, Kyosk combines its digital-first approach and large-scale operations with KwikBasket’s agricultural expertise to transform the African fresh produce market, creating a more efficient and inclusive ecosystem.   

Raphael Afaedor, Co-Founder and CEO of Kyosk Digital Services, says, “This acquisition marks a major milestone for Kyosk as we broaden our footprint in the fresh produce market in Africa and enhance our offering to cater to the needs of farmers, retailers, kitchens, eateries, and other consumers. With KwikBasket’s extensive expertise and resources, we are strategically positioned to unlock the full potential of farming in Africa and create a fair and efficient marketplace that benefits all stakeholders in the food chain.

“This expansion presents a unique opportunity for Kyosk to leverage its digital-first and data-led distribution platform to revolutionise the way fresh produce is sourced, distributed, and enjoyed in Africa.”

In many regions on the African continent, farmers face numerous challenges due to fragmented and inefficient distribution chains for agricultural produce. Farmers often struggle to reach end-consumers, leading to significant production losses, low income, wastage, and high food prices. Kyosk’s Fresh line offers farmers access to improved yields, consistent market access, fair pricing, essential information and insights, and agri-inputs. By empowering farmers with these resources, Kyosk seeks to support farmers’ growth and success in the agricultural sector.

With KwikBasket’s extensive expertise and resources, we are strategically positioned to unlock the full potential of farming in Africa and create a fair and efficient marketplace

Additionally, Kyosk Fresh will cater to the needs of restaurants, eateries, and other customers by providing a consistent supply of a wide variety of high-quality products. Kitchens and eateries often face several challenges due to long lead times in the supply chain. Some of these key challenges include food safety and quality concerns, food wastage, high logistics costs, and delays in fulfilling customer orders.

Through streamlined processes, optimised logistics, and enhanced inventory management, Kyosk Farm & Fresh can reduce many of these obstacles. This will enable kitchens and eateries to maintain stability and competitiveness in terms of pricing while ensuring food safety, transparency, and traceability throughout the supply chain. 

As part of the launch of the Farm & Fresh line of business, the uLima digital platform will be rebranded to Kyosk Farm. uLima was a platform that provided farmers with quality inputs, localised market information, and market linkage.

Kyosk Farm will now build upon the foundation of uLima, leveraging its existing features and functionality while enhancing the overall user experience. For farmers, Kyosk Farm will offer improved yields by providing access to information, insights, and agri-inputs, such as fertilisers, and financing. It will enable farmers to connect with consistent market access and fair pricing, ensuring sustainable income and growth opportunities for their businesses.

The African retail market is valued at approximately US$600 billion and is projected to grow at a rate of 5% to 6% annually. Kyosk focuses on serving small retail outlets and traditional retailers, which account for over 60% of retail trade in Africa. These retailers are primarily located in low-income, informal urban communities and have historically been inadequately served. They face high transportation costs and have difficulty accessing manufacturers and distributors due to multiple layers of intermediaries. As a result, small retailers often experience frequent stockouts and lost revenue while facing limited access to credit.

The Kyosk platform revolutionises how small retail outlets (kiosks), farmers, and their communities in Africa connect with high-quality and affordable goods and services through digitised value chains. Retailers can order products directly from FMCGs without the need for intermediaries, gaining access to competitive prices and cost savings. Kyosk has also expanded its operations to include electronic goods, health, and beauty products, reflecting its commitment to diversifying its offerings and catering to a wide range of consumer needs.

Moreover, Kyosk extends its support beyond product distribution; it collaborates with financial institutions to facilitate its outreach to traditional shops, farmers, and other businesses. It enables them to provide services such as credit and insurance, contributing to the financial inclusion of underrepresented businesses and individuals, and fostering economic growth and stability.

With this strategic expansion into the fresh produce market, Kyosk is poised to revolutionise the distribution and enjoyment of fresh produce in Africa.

Distributed by APO Group on behalf of Kyosk Digital Services.

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South Africa’s Government-Business Partnership Opens New Mining Investment Opportunities Ahead of African Mining Week (AMW) 2026

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45 minutes ago

on

September 1, 2026

By

Etu Energias

African Mining Week 2026 will connect key decision-makers across South Africa’s mining sector with global investors to forge new and strengthen existing public-private investment partnerships

CAPE TOWN, South Africa, September 1, 2026/APO Group/ —South Africa is stepping up efforts to attract investment into its mining sector, with President Cyril Ramaphosa launching Phase 3 of the Government-Business Partnership, a public-private initiative designed to accelerate economic growth, investment and job creation. Mining has been identified as a key pillar of the new phase, alongside energy, transport and logistics, tourism, infrastructure and agriculture.
 




 

The initiative targets GDP growth of more than 3% and the creation of one million additional jobs by 2030, with the mining sector positioned to play a central role in achieving those objectives.

 

Within mining, Phase 3 targets R50 billion in capital expenditure by February 2028 and the rollout of South Africa’s national mining cadastre system by March 2027. The digital platform is expected to streamline mining-rights applications and help address administrative and project-implementation bottlenecks, supporting efforts to attract new investment and improve the sector’s contribution to economic growth.

 

Mining currently contributes approximately 6% of South Africa’s GDP and supports around 470,000 direct jobs, with each mining job supporting an estimated five to 10 dependents. The urgency of accelerating investment was underscored by President Ramaphosa, who said the country’s current growth rate remains insufficient to meaningfully expand employment, with 8.5 million people unemployed and roughly 300,000 new job-seekers entering the labor force each year.

 

Phase 3 forms part of a broader national ambition to mobilize R2 trillion over the next five years to unlock South Africa’s critical minerals potential. The country holds approximately 80% of the world’s platinum group metals and ranks as the world’s largest producer of chrome and manganese, creating significant opportunities for investors across exploration, mining, processing and related infrastructure. South Africa is also seeking to unlock an estimated R40 trillion in iron ore potential, further expanding the pipeline of opportunities for international and domestic capital.

 

Against this backdrop, African Mining Week (AMW) 2026 – the Most Influential Mining Conference in Africa – will bring together global investors, financiers, mining companies and government decision-makers in Cape Town from October 14–16. The event comes at a critical juncture as South Africa seeks to translate its vast mineral endowment into new investment, production, infrastructure and jobs while improving the regulatory environment needed to support long-term project development.

 

AMW 2026 will feature senior figures from across South Africa’s mining and investment ecosystem, including Deputy Minister of Planning, Monitoring and Evaluation Seiso Joel Mohai, Rand Refinery CEO Dean Subramanian, Transnet Freight Rail CEO Russell Baatjies, Gold Fields Executive Vice President: South Africa Benford Mokoatle, Minerals Council of South Africa CEO Mzila Mthenjane, Standard Bank Managing Principal and Coverage Head for Resources & Energy Shirley Webber, and Executive Head for Energy, Infrastructure and Mining, Business and Commercial Banking Deerosh Maharaj, among other industry leaders.

 

Through high-level discussions, project showcases and networking sessions, AMW 2026 will examine South Africa’s evolving regulatory environment, expanding project pipeline and investment opportunities across the mining value chain. The conference will provide a platform for investors and industry stakeholders to explore how public-private partnerships, domestic capital and international investment can accelerate the next phase of South Africa’s mining growth.

 

Distributed by APO Group on behalf of Energy Capital & Power.

 




 

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Energy

Halliburton Repositions for Venezuela’s Upstream Revival at Venezuela Energy Week 2027

Published

3 hours ago

on

September 1, 2026

By

Etu Energias

Halliburton will join Venezuela Energy Week as a Platinum Sponsor as international operators accelerate efforts to restore production, reactivate drilling capacity and rebuild the oilfield services ecosystem

CARACAS, Venezuela, August 27, 2026/APO Group/ –Halliburton has joined Venezuela Energy Week 2027 as a Platinum Sponsor, bringing one of the world’s leading oilfield services companies into a market where international operators are moving to restore production and expand upstream activity. Taking place February 22–25 in Caracas, Venezuela Energy Week comes as a new investment cycle is creating fresh demand for drilling, well services, reservoir evaluation and production technologies.
 




 

Halliburton has already begun repositioning its Venezuelan operations for the changing market. In April, Chairman, President and CEO Jeff Miller said the company was discussing commercial terms with customers and had visited its Venezuelan facilities, which he said were in better condition than expected. In July, Venezuela’s Supreme Court ordered the restart of Halliburton’s operations and the return of previously seized assets, removing a significant legal obstacle to the company’s reactivation. Halliburton has since posted new positions in Venezuela, including roles in Maturín covering logging and perforating maintenance and supply-chain procurement, as well as a technical sales position in Zulia.

The timing reflects growing demand for oilfield services as Venezuela moves to reactivate mature fields, expand drilling and bring new investment into production. Halliburton’s capabilities span the full well lifecycle, including drilling, formation evaluation, well construction, completion and production, with services such as well intervention, cementing and stimulation increasingly important as operators work to restore aging wells and infrastructure. As new investment moves from agreements into field activity, Halliburton is positioned to provide the technical expertise and equipment required to translate Venezuela’s resource potential into additional production.

The investment environment is also changing. Venezuela’s January 2026 reform of the Organic Hydrocarbons Law opened new avenues for private participation in primary hydrocarbons activities, including operating and production contracts under which private companies can assume technical, operational and financial management. Subsequent regulations issued in July established the framework for royalties and the integrated hydrocarbons tax, while oil companies have been working to migrate existing agreements into the new regime.

This evolving framework is creating an increasingly important role for international oilfield service companies capable of supplying technology, equipment and technical expertise at scale. Halliburton’s renewed engagement comes as Venezuela moves from regulatory reform and investment agreements toward the practical work of drilling wells, restoring production and expanding field capacity.

At Venezuela Energy Week 2027, Halliburton will bring its renewed Venezuelan presence into discussions on the practical requirements of production growth, from drilling and well construction to completion and intervention. Its Platinum Sponsorship will place the company at the center of conversations around how Venezuela can rebuild oilfield capacity and translate new investment into additional barrels.

Distributed by APO Group on behalf of Energy Capital & Power.

 




 

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Energy

Welligence Joins Angola Oil & Gas (AOG) 2026 as Associate Sponsor as Angola Enters New Production Cycle

Published

3 hours ago

on

September 1, 2026

By

Etu Energias

As gas commercialization, deepwater developments and a shifting exploration landscape reshape Angola’s upstream sector, Welligence will bring its market intelligence expertise to the Angola Oil & Gas 2026 Conference and Exhibition

LUANDA, Angola, August 27, 2026/APO Group/ –Angola’s upstream industry is entering a new investment cycle, with gas commercialization, deepwater development, renewed exploration activity and an expanding independent operator base creating new opportunities across the market. Against this backdrop, energy intelligence firm Welligence has joined the Angola Oil & Gas (AOG) 2026 Conference and Exhibition as an Associate Sponsor.
 




 

Welligence provides upstream intelligence covering assets, reserves, production, economics, mergers and acquisitions and emerging investment opportunities, combining analyst expertise with data and AI-driven analytics. Its platform includes more than 4,000 asset-level reports and a database covering 40,000 M&A transactions, supporting companies evaluating upstream markets and investment decisions.

Angola represents an increasingly dynamic market for this type of intelligence. Welligence has identified the country’s upstream sector as entering a new phase of growth and repositioning, supported by gas developments, new oil projects, renewed exploration and rising activity among independent operators.

On the gas front, the start of Angola’s first non-associated gas project, led by the New Gas Consortium, is paving the way for increased feedstock supply to Angola LNG. Meanwhile, the country’s landmark dedicated gas discovery at Block 1/14 in 2025 has strengthened the role of gas commercialization within Angola’s broader upstream strategy.

At the same time, new oil developments are supporting production growth, although Welligence highlights the continued need for greenfield investment as mature assets decline. Recent milestones include the start-up of the Begonia and CLOV Phase 3 projects in 2025, the commissioning of the Agogo FPSO last August and continued progress at the Kaminho project, which is expected to begin production in 2028.

The operator landscape is also evolving. Welligence has highlighted renewed exploration activity by international majors alongside growing participation from independent companies, particularly as Angola’s onshore sector opens and operators seek to reactivate mature assets and build new portfolios.

Recent transactions reinforce this trend. Equinor entered TotalEnergies’ Block 17 in June 2026, while Afentra expanded its onshore footprint through operatorship of KON 5. Woodside Energy’s three-block deal signed in May further underscored growing confidence in Angola’s frontier opportunities, while Etu Energias strengthened its position through acquisitions in Blocks 14 and 14K.

These shifts are increasing the importance of reliable market intelligence as companies assess acreage, transactions, project economics and production potential. Welligence’s participation at AOG 2026 comes at a time when investors and operators are seeking greater visibility into the opportunities shaping Angola’s next phase of upstream growth.

As Associate Sponsor, Welligence will contribute an analytical perspective to discussions at AOG 2026, where industry leaders will examine the investments, partnerships and strategies driving Angola’s energy sector forward. With new entrants entering the market and established operators advancing major developments and exploration programs, data-driven insights will remain critical to guiding future investment decisions.

Distributed by APO Group on behalf of Energy Capital & Power.

 




 

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