Archive for the ‘Retail’ category

Female buying power on the rise in Africa

African women are becoming more independent and moving further away from their traditional stereotypical roles. More and more women are earning their own money and supporting families.

Shoprite takes on the DRC

Africa’s largest supermarket group, Shoprite, entered the Democratic Republic of the Congo (DRC) with the opening of a supermarket in the capital Kinshasa.

KFC expects more global fast-food chains to enter the Kenyan market

How we made it in Africa’s Dinfin Mulupi chats with Gavin Bell, the man behind KFC in East Africa.

Pace of new property developments in Africa could pick up

How we made it in Africa talks to Kevin Teeroovengadum, a director for real estate at Actis, about the trends in the continent’s property industry.

Looking to invest in African retail? Three interesting countries to consider

How we made it in Africa takes a closer look at three African countries that hold potential for retailers.

Ghana – Africa’s new retail hotspot?

Ghana seems to be on track to becoming Africa’s next hotspot for retailers, according to new research by Euromonitor International.

Thika highway – Kenya’s new property hot spot

London-based private equity firm Actis is planning to invest in a 130,000 m2 mixed use development in Kenya, which will host the largest retail mall in east Africa.

Nakumatt – an example of Africa’s many strong, yet unlisted, companies

What companies like Nakumatt do prove is that growth in Africa is possible and that there is a depth to the local economies beyond the listed companies we see.

Is Botswana really Africa’s most promising retail market?

Botswana is sub-Saharan Africa’s best new market for global retailers. This is if A.T. Kearney’s Global Retail Development Index (GRDI) for 2012 is to be believed.

Five African ‘boom towns’ that should be on every investor’s radar

Across Africa there are towns experiencing rapid development, largely on the back of newfound resources such as minerals, crude oil and natural gas.

Fashion group Foschini sees potential in Nigeria, but needs shopping malls

“Africa – we think – is going to be massive, not now but in five to 10 years.”

African coffee shop chain attracts investment from private equity firm

In a confirmation of the opportunities that east Africa’s middle class offers, private equity firm ECP last week announced that it has invested in a Kenyan coffee shop chain.

Kenyan supermarket boss dismisses Wal-Mart threat

“We are very much confident that we have learnt a lot about retail in this market and we are well equipped to thrive even if the global players were to enter this market.”

Four things you should know about Africa’s retail environment

With the majority of Africans still shopping at small informal outlets, getting your product into the hands of the consumer is not always straightforward.

Meet the Boss: Atul Shah, MD, Nakumatt Holdings (east Africa)

Atul Shah, managing director of east Africa’s Nakumatt supermarket chain, answers our questions.