Latest News Consumer goods & Retail

Consumer goods & Retail

07/04/2020 at 16h35, by Africa 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.

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+

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...

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