The retailer expands its presence with a new store less than a week after its first South African outlet.
French retail chain Géant launches in Aden Mall, targeting high-end consumers
Kin Marché expands its footprint in Kinshasa while global chains enter the DRC retail market.
Private‑equity vehicle RMBV (via its North Africa Fund III) has reportedly struck a deal to acquire Spinneys Egypt for roughly EGP 2.5 billion, about US$ 52.4 million at current exchange rates.
Retailer cuts outlets to reduce losses and improve liquidity; company implements cost-cutting and asset sales to manage debt