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Jumia logo

Jumia has tripled in value within one week. We look at why.

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 …

Remittances to Africa rose by 11.7% to $86bn in 2018

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 – …
AfCFTA Ratified

The Africa Continental Free Trade Agreement is set to come into force

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. …

Aziza

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Carrefour

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Casino

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Vivo Energy

Vivo Energy finalises its acquisition of Engen service stations

Vivo Energy, which operates the Shell service station franchise in Africa, has finalised its acquisition of Engen service stations. The purchase means that Vivo adds almost 10% more service stations to its network, but crucially opens up eight new country markets. …
Pathe logo

Pathé cinema lands in Tunisia and Morocco, set to partner with Marjane

French cinema chain Pathé has launched in Tunisia and set to open shortly in Morocco. In Morocco Pathé has partnered with Marjane Holdings, a leading supermarket retailer. Pathé cinema launched its Pathé Tunis City multiplex- its first in Africa – on the …
Fnac Darty logo

FNAC-Darty launches its first stores in Tunisia

French electricals, home appliances, books and software group FNAC-Darty has launched its first stores in Tunisia, with each with a floorspace of 1,000m². The stores are located side by side in a Carrefour hypermarket complex in the northern Tunis suburb of …
Pernod Ricard

Pernod Ricard invests in Jumia, forms strategic partnership

French wine and spirits company Pernod Ricard has invested in the leading African online retailer, Jumia. The two companies will form a strategic partnership to improve Pernod Ricard’s distribution in African markets. For Pernod Ricard, Jumia’s 14 country coverage, online …
Fast Food Tunisia

The Top Fast Food Chains in Tunisia

Trendtype data on the leading fast food chains in Tunisia. Our unique data identifies every fast food, casual dining and coffee shop chain and allows users to search by cuisine, location, chain and brand owner.
Monoprix Tunisia

Monoprix Tunisia opens sixth store in Sousse

Casino’s Monoprix has just opened a new store in Sousse, Tunisia, expanding its network in the city to six stores. This is Monoprix’s 89th outlet in the country as the retailer comes closer to its goal for 2020. Monoprix, the …