Ghanaian supermarket chain Melcom Limited invest $61m in expansion and greening
The family-owned retail group headed by Ashok Nair is to build 22 new shops with roofs covered in photovoltaic panels. Significantly, the IFC will finance 80% of the project with loans in cedi.
01/12/2023 at 11h44, by Africa Business+
Recommended articles
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,...
Large-scale distribution
15/10/2019 at 16h05, by Africa 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...