Latest News Consumer goods & Retail

Consumer goods & Retail

11/12/2019 at 16h32, by Jeune Afrique Business+

Grand Parade Investments compelled to sell Burger King South Africa to save its cash flow

Unbridled expansion, a lack of profitability and point of sale closures have marked the diversification...

Executive Management

22/11/2019 at 20h06, by Estelle Maussion

Coca-Cola seeking to expand its beverage offering in Africa

Global CEO of the Coca-Cola Company James Quincey, 54, has recently completed his first tour of Africa...

Consumer goods & Retail

21/11/2019 at 18h34, by Jeune Afrique Business+

RCS Group (BNP Paribas) takes on the Edcon store card debtors book from Absa

By means of this transaction with the subsidiary of BNP Paribas, the South African bank “frees up capital...

Consumer goods & Retail

18/11/2019 at 18h10, by Mathieu Galtier

Mabrouk brings H&M and Starbucks to Tunisia

Azur City, the shopping mall owned by the Mabrouk group, is to feature the first Tunisian outlets of...

Consumer goods & Retail

07/11/2019 at 18h39, by Jeune Afrique Business+

Taste Holdings offloads its costly food and beverage division (Starbucks, Domino’s Pizza, Maxi’s, etc.)

The South African franchiser, unable to meet the investment costs required to attain financial stability,...

Consumer goods & Retail

07/11/2019 at 18h35, by Jeune Afrique Business+

South Korean cigarette manufacturer KT&G converts its try in Tunisia

The world’s eighth largest tobacco company, Korea Tobacco & Ginseng Corporation (KT&G), is in discussions...

Consumer goods & Retail

05/11/2019 at 18h23, by Jeune Afrique Business+

Adnan Houdrouge to launch Go Sport and Nespresso in Libreville in December, in the wake of Kiabi

The Mercure group runs a dozen different stores in Gabon including Adidas, Celio, Guess and City Sport...

Consumer goods & Retail

24/10/2019 at 23h10, by Gaëlle Arenson

Unilever Côte d’Ivoire is now supplying Unilever Niger with Lavibel soap

The Dutch-UK multinational recently closed its soap factory in Niamey because it was no longer profitable....

Consumer goods & Retail

24/10/2019 at 00h41, by Jeune Afrique Business+

Crédit Agricole finances Edita-Dislog biscuit plant in Morocco

Egyptian company Edita Food and Moroccan distributor and importer Dislog are starting construction on...

Consumer goods & Retail

23/10/2019 at 23h44, by Jeune Afrique Business+

Silk Invest partially exits Nigerian fast food specialist Sundry Foods, making the way for Norfund

The Norwegian Investment Fund for Developing Countries (Norfund) has invested in Nigerian company Sundry...

Consumer goods & Retail

15/10/2019 at 18h05, by Jeune Afrique Business+

With the Quick Mart-Tumaini merger, Adenia seeks to become Kenya’s third largest grocer

In less than eleven months, Adenia Partners - the private equity firm which focuses on sub-Saharan Africa...

Consumer goods & Retail

09/10/2019 at 10h53, by Gaëlle Arenson

CFAO Retail opens a 2nd Carrefour Market in Cameroon, plans a first Supeco in early 2020 and a PlaYce in 2021

At the beginning of the year, the retail group introduced the hard discount banner SUPECO to increase...

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