The problem is retail development rankings are useless. Worse than useless, actually. We explain why we don’t trust AT Kearney’s Global Retail Development Index when it comes to Africa. A few years ago we wanted to build a retail market …

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 …

Challenger Senegalese fuel retailer Edkoil (EDK), which was founded in 2009 and is expanding its store network, has launched the latest outlet of its forecourt supermarket banner “Low Price”. The new outlet is on Dakar’s busy Rue VDN and carries …

Peer to peer farmer network and marketplace WeFarm has raised $13m in Series A round of funding. The round was led by True Ventures, with AgFunder and June Fund also investing. It means WeFarm has raised a total of $20m to …

CFAO, Carrefour’s partner in West Africa, has launched its third Supeco cash and carry in Senegal to take on market leader Auchan. All three outlets, the first of which opened in April 2019, are situated in Dakar. The new store …

This week airport retail operator Dufry has unveiled its revamped duty free retail sites at Casablanca and Marrakesh airports. Competitor Lagardère has also revealed more about its plans to expand in Africa and has acquired a diplomatic duty free outlet in …

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 …