Latest News Consumer goods & Retail

Consumer goods & Retail

23/04/2020 at 19h39, by Jeune Afrique Business+

South African lockdown torpedoes Edcon’s restructuring efforts

The South African retailer, the leading clothing chain in southern Africa, is experiencing a sharp drop...

Consumer goods & Retail

17/04/2020 at 17h50, by Jeune Afrique Business+

Why Amethis is betting on Naivas supermarkets

A few months after the bankruptcy of one of the largest retailers on the market, a leading Kenyan supermarket...

Consumer goods & Retail

07/04/2020 at 18h35, by Jeune Afrique Business+

Fawaz Al Hokair boosts his Egyptian real estate assets with $135m IFC loan

One of the largest Saudi shopping centre developers will receive two loans for its projects in Egypt.

Consumer goods & Retail

18/03/2020 at 17h36, by Jeune Afrique Business+

Hassanaly brothers (Talys group) to open the first Cash & Carry store in Madagascar at the end of 2020

The Malagasy group is preparing to open a sales outlet intended partly for wholesale customers under...

Consumer goods & Retail

09/03/2020 at 17h12, by Jeune Afrique Business+

After JP Morgan, Coronation increases its stake in the Spar supermarket chain to 15.8%

The pickup on the Johannesburg Stock Exchange comes in the wake of a significant drop in the share price,...

Consumer goods & Retail

06/03/2020 at 17h54, by Jeune Afrique Business+

Consumer goods & Retail

17/02/2020 at 17h17, by Jeune Afrique Business+

Moncef Belkhayat acquires Fater Morocco for $25 million

The Moroccan businessman and former minister continues to expand his group. On 14 February, Dislog Group...

Consumer goods & Retail

29/01/2020 at 16h18, by Jeune Afrique Business+

Walmart seeks to return to profit by closing 34 stores

Ten years after deciding to position itself in Africa, the subsidiary of the U.S. giant, which operates...

Consumer goods & Retail

29/01/2020 at 08h36, by Gaëlle Arenson

Unilever: Jaime Aguilera succeeds Bruno Witvoet as President Africa

Initially planned for this summer, Witvoet’s retirement is now scheduled for next month.

Trend

24/01/2020 at 17h27, by Jeune Afrique Business+

How private equity could have saved Kenya’s Nakumatt from bankruptcy

By rejecting the opening of its capital to institutional investors, who could have provided financing...

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...

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