Latest News Consumer goods & Retail

Large-scale distribution

26/07/2023 at 15h50, by Africa Business+

Egyptian discounter Kazyon takes on Moroccan market

The supermarket chain is relying on a panel of leading investors to achieve this.

Consumer goods & Retail

25/07/2023 at 15h30, by Africa Business+

Textiles: New hearing scheduled for early 2024 on the recovery of Madagascar’s assets by the De Sutters

The De Sutters have taken legal action in France to recover the funds ordered by the ICSID arbitration...

Large-scale distribution

05/07/2023 at 15h06, by Africa Business+

Failed takeover of Vindémia by Casino: ECP funds’ claims dismissed

In June, the Paris Court of Appeal upheld the rejection of the claims of two funds managed by Emerging...

Large-scale distribution

14/06/2023 at 17h15, by Africa Business+

Mitsui seeks $50 million to back Kenyan B2B startup Kyosk 

After taking a minority stake in the startup launched by one of Jumia’s co-founders last April, the...

Consumer goods

05/06/2023 at 14h04, by Africa Business+

Karim Tazi opens Côte d’Ivoire’s first bleaching plant

Despite the turmoil surrounding his bedding business in the country, the Moroccan businessman has no...

Large-scale distribution

17/05/2023 at 16h59, by Africa Business+

Auchan Retail creates an African division   

The French retailer is set to launch in Algeria, its third African market, in the last quarter of 2023...

Large-scale distribution

12/05/2023 at 15h51, by Africa Business+

Unilever Côte d’Ivoire: Arona Diop takes over from Tim Kleinebenne

The change comes as the Anglo-Dutch giant’s Ivorian subsidiary, a hub for French-speaking West African...

Consumer goods & Retail

26/04/2023 at 16h25, by Christelle Marot

Sunda Group seeks $100m to expand in Africa

The Chinese company has turned to the International Finance Corporation (IFC) in support of its consumer...

Consumer goods & Retail

19/04/2023 at 18h58, by Estelle Maussion

Côte d’Ivoire: counsels mobilised on Castel sale of water business to Carré d’Or 

In discussion since June 2022, the deal was closed on Wednesday and subsequently made official by the...

Consumer goods

14/04/2023 at 16h38, by Africa Business+

Textiles : IFC to finance Hela Apparel Holdings in East Africa 

The financial arm of the World Bank is working on a loan of up to $20 million to the Sri Lankan producer,...

Large-scale distribution

31/03/2023 at 16h40, by Africa Business+

Real estate: Mulliez family’s Nhood targets Côte d’Ivoire

The property company of the Mulliez family, owners of the Auchan group, will soon be present in the...

Large-scale distribution

30/03/2023 at 16h36, by Africa Business+

IBL’s team to support expansion on the African continent

To support its internationalisation strategy, the diversified Mauritian group, led by Arnaud Lagesse...

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