Latest News Consumer goods & Retail

Consumer goods & Retail

07/11/2019 at 17h39, 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 17h35, 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

05/11/2019 at 17h23, 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 21h10, 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

23/10/2019 at 22h41, 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 21h44, 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...

Large-scale distribution

15/10/2019 at 16h05, 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...

Large-scale distribution

09/10/2019 at 08h53, 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...

Consumer goods & Retail

26/09/2019 at 16h23, by Jeune Afrique Business+

Ezzedine and Amethis exit CDCI as Label’Vie acquires full control

Not surprisingly, after five years, the investment fund run by Luc Rigouzzo and Laurent Demey has sold...

Large-scale distribution

16/09/2019 at 16h12, by Aurelie Benoit

Collapse of Afrimarket: “profits hit unprecedented levels in recent months”

Despite a promising track record, several funding rounds and better results in recent months, the West...

Large-scale distribution

12/09/2019 at 15h55, by Jeune Afrique Business+

Prosuma throws in the towel with Yaatoo, leaving the field free for Jumia

According to information obtained by Jeune Afrique Business+, the e-commerce site, owned by the Ivorian...

Consumer goods

02/09/2019 at 15h22, by Aurelie Benoit

Estée Lauder’s billionaire heir eyeing the healthcare sector in Africa

Alta Semper, the private equity fund backed by Ronald Lauder, heir to the cosmetics empire, plans to...

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