Jumia’s IPO saw its share price rose by 75% on Day 1. Shares were priced at $14.50 before the IPO. Five days later they are trading at $43, valuing the business at more than $3bn. What are the company’s prospects …

If remittances to Africa were an economy, they would be the 6th largest in Africa, ahead of Kenya in the rankings. Within Africa, the largest recipient of remittances is Egypt ($29bn) – equivalent to almost 12% of its GDP. Note – …

Leading Angolan supermarket chains are accelerating the development of their private label product ranges. But although consumers are receptive, the challenges are for the domestic food processing sector to keep pace with retailer demands. Private label is taking off in …

The Africa Continental Free Trade Agreement (AfCFTA) has now been ratified by 22 countries, meeting its minimum threshold to come into force. It will create the world’s largest free trade zone, covering 1.2bn people and a combined GDP of $2.5 trillion. …

Distell delivers impressive FY2018 results but warns that it faces an uphill battle in South Africa, which accounts for 3/4 of its revenues. Distell’s CEO has also indicated that it sees Ethiopia, Nigeria and Zimbabwe as key focus markets. Highlights Revenue …

As we come to a close in 2018, Trendtype looks back on the major news and events of the year across retail and consumer markets in Africa and makes some forecasts for 2019. The headlines: Nigeria is recovering and will …