Archive for the ‘Retail’ category
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.
Africa’s largest supermarket group, Shoprite, entered the Democratic Republic of the Congo (DRC) with the opening of a supermarket in the capital Kinshasa.
How we made it in Africa’s Dinfin Mulupi chats with Gavin Bell, the man behind KFC in East Africa.
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.
How we made it in Africa takes a closer look at three African countries that hold potential for retailers.
Ghana seems to be on track to becoming Africa’s next hotspot for retailers, according to new research by Euromonitor International.
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.
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.
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.
Across Africa there are towns experiencing rapid development, largely on the back of newfound resources such as minerals, crude oil and natural gas.
“Africa – we think – is going to be massive, not now but in five to 10 years.”
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.
“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.”
With the majority of Africans still shopping at small informal outlets, getting your product into the hands of the consumer is not always straightforward.
Atul Shah, managing director of east Africa’s Nakumatt supermarket chain, answers our questions.