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DHL Express takes a minority stake in online retail platform Link Commerce

DHL Express has taken a minority stake in Link Commerce, the UK-based e-commerce platform that sits beneath MallforAfrica.com and DHL’s Africa eShop service. DHL is betting on a fundamental change in purchasing behaviours in the wake of the COVID-19 pandemic, which …

Coronavirus in Africa – an update and what it means

At Trendtype we have decided to put our thoughts down on paper, as it were. Headline: there are lots of reasons to believe that African countries may emerge from COVID-19 in better (or less worse) shape than developed economies in …
Gaselia

Africa Capitalworks invests in Malian soft drinks company Gaselia

Africa Capitalworks Management (ACW) has taken a significant minority stake in Malian soft drinks and bottled water company Gaselia Industries Group to fund regional expansion. Gaselia has bottling and distribution operations in Mali, Côte d’Ivoire, Senegal and Guinea. The investment from Africa …
Supeco

CFAO launches its first Supeco Cash and Carry in Côte d’Ivoire

Following the launch of Carrefour’s value Supeco brand in Morocco in 2018 and Senegal in 2019, Carrefour’s West African partner CFAO has opened its first Supeco store in Abidjan, Côte d’Ivoire. The 1,900m2 store is located in the Yopougon-Niangon South …
2020 forecasts

Trendtype’s 2019 year in review and 2020 forecasts

So here are our big themes in 2019 and a look ahead to 2020. It’s been another eventful year in African consumer and retail markets in 2019. Some big retail players coming unstuck In grocery retail, some big players have come …
Côte d'Ivoire country profile

Côte d’Ivoire Country Profile

This report provides key information on Côte d’Ivoire. It covers the economic landscape, key demographic indicators, living standards and income as well as logistics and infrastructure.

CDCI logo

Retail Holding acquires CDCI, the #2 supermarket player in Côte d’Ivoire

Retail Holding, which is Carrefour’s partner in Morocco has now taken complete ownership of CDCI. CDCI is the #2 grocery retail chain in Côte d’Ivoire, with a national network of retail and wholesale outlets. Founder Yasser Ezzedine has sold his 40% stake …

Prosuma’s online store Yaatoo closes down in Côte d’Ivoire

Prosuma’s online store Yaatoo, which launched in 2016, has closed down. The site, which stocked 12,000 SKUs drawn from Prosuma’s warehouses, was being talked about as late as June this year as being a viable competitor to online giant Jumia. …

CFAO outlines plans for 5 new Carrefour stores in Côte d’Ivoire

CFAO has announced plans to open five new Carrefour stores in Côte d’Ivoire. Four will be in Yopougon, one of the largest areas of Abidjan. The fifth will be within a new CFAO-owned PlaYce shopping mall to be built in Grand …
Cargill

Cargill invests $120m to expand its cocoa grinding plant in Côte d’Ivoire

Cargill is investing $120m to expand its cocoa grinding plant in the Micao industrial area of ​​Yopougon. The investment means manufacturing capacity of cocoa products such as cocoa powder and cocoa powder will rise from 110,000 tonnes to 170,000 tonnes …
CDCI

Retail Holding raises $63m for CDCI to take on Prosuma in Côte d’Ivoire

Carrefour’s Moroccan partner Retail Holding raises MAD600m ($62.5m) in a bond issue as it looks to increase its stake in Côte d’Ivoire’s #2 grocery retail player CDCI. The investment will also be used to expand CDCI’s penetration in the country …
GBH

Groupe Casino sells its Indian Ocean subsidiary, Vindémia, for €219m

Groupe Casino has sold its Indian Ocean retail subsidiary Vindémia for €219m to Groupe Bernard Hayot (GBH), a French conglomerate with operations across Africa. Vindémia was built through acquisition between 2001 and 2007 and in 2018, generated a turnover of €853m. It has 250 stores and …