Retail
-
Massmart’s Chief Operating Officer Jonathan Molapo to succeed Mitch Slape as Chief Executive Officer
SOUTH AFRICA – As Walmart strengthens its commitment to its South African unit – Massmart, through acquisition of additional stake, the retail chain is set…
-
Food, grocery delivery platform talabat adds Egyptian retailer Spinneys on its platform
EGYPT – Spinneys, a multinational supermarket chain active in the Middle East and North Africa region, has entered into a partnership with leading food and…
-
Nigerian ecommerce startup SABI partners Vumele to launch its services in South Africa
SOUTH AFRICA – SABI, an early-stage start-up with ambitious plans to aid millions of merchants across Africa, Sabi, has opened an office in Johannesburg, South…
-
Private Equity firm Ezdehar Management acquires 60% stake in Egyptian grocery retailer Zahran Market
EGYPT – Zahran Market, Egyptian retail supermarket chain, has agreed to offload 60% its stake to private equity firm Ezdehar Management, to spearhead its future…
-
Angola fresh, frozen food retailer Newaco opens new Fresmart store as part of expansion plan
ANGOLA – Newaco group, Angola’s largest distributor of fresh and frozen food, has invested about K180 million (US$420,000) in the opening of a new Fresmart…