Latest News Consumer goods & Retail
Large-scale distribution
18/03/2020 at 16h36, by Africa 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...
Large-scale distribution
09/03/2020 at 16h12, by Africa 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
06/03/2020 at 16h54, by Africa Business+
Algeria: Ferhat Aît Ali Braham envisages the privatisation of the National Company for Electric & Household Appliances Industries (Entreprise nationale des industries de l’électroménager)
This project comes at a time when the new Minister of Industry and Mines is ratifying the end of customs...
Large-scale distribution
17/02/2020 at 16h17, by Africa 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...
Large-scale distribution
29/01/2020 at 15h18, by Africa 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...
Large-scale distribution
29/01/2020 at 07h36, 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.
Large-scale distribution
24/01/2020 at 16h27, by Africa 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
11/12/2019 at 15h32, by Africa 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...
Consumer goods
22/11/2019 at 19h06, 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 17h34, by Africa 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
18/11/2019 at 17h10, 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 17h39, by Africa 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,...
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