Billionaire Christo Wiese’s Shoprite buys Africa’s largest coffee chain, Vida e Caffè, in $62 million deals after $16.8 billion annual sales

South Africa’s Shoprite has agreed to acquire 100% of Vida e Caffè, Africa’s largest coffee chain, as the retailer broadens its business beyond supermarkets after posting R270.8 billion ($16.8 billion) in annual sales.