E-commerce firm Jumia launches online mall linking distributors to customers

KENYA – Jumia, the leading e-commerce firm has launched an online mall dubbed Jumia Mall where consumers will directly purchase products from authorized distributors of international and local brands. The mall will enable brands who […]

Botswana retailer Choppies Supermarket to exit Kenyan market

KENYA – Botswana based Choppies Supermarket has revealed plans to exit the Kenyan market four years after acquiring Ukwala stores for US$10m (Sh1bn) following challenges of growth and financial constraints. The Botswana retailer started as […]

Amazon India aims to eliminate single use plastic packaging by June 2020

INDIA – Amazon India, subsidiary of American online retailer and technology company has committed to eliminating single use plastic from its packaging by June 2020, as part of its long term sustainable packaging initiative. The […]

Kenya’s Quickmart Supermarket merges with Tumaini Self Service

KENYA – Mauritius-based private equity firm Adenia Partners has concluded a deal to acquire majority stake at the emerging retailer Quickmart Supermarket through its special purpose vehicle Sokoni Retail Kenya at an undisclosed amount. Sokoni […]

Flipkart to eliminate single-use plastic in packaging by 2021

INDIA – Flipkart, the wholesale arm of the Walmart-owned e-Commerce marketplace in India, has announced that it plans to eliminate single-use plastic in packaging by March 2021. The e-commerce firm said it will move towards […]

South African retailer Shoprite opens new branch in coastal Kenya

KENYA – Shoprite Holdings, Africa’s largest supermarket retailer headquartered in South Africa, has opened its third branch in Nyali, Coastal Kenya as it continues to consolidate its presence in the East African country. Located in […]

South Africa’s retailer Massmart reports half year loss on increased costs

SOUTH AFRICA – South African retailer, Massmart reported a net loss of R832.4m (US$54.43 million) in the six months to end-June on increased costs that weakened growing sales. The Walmart-owned retailer, whose brands include Makro […]

South African retailer Shoprite secured US$5.49m for expansion in Kenya

KENYA – Shoprite Holdings, Africa’s biggest retailer headquartered in South Africa, secured US$5.49 million (about Sh566 million in current terms) in funding to expand its footprint in Kenya. The facility, which the retailer acquired from […]

Kenya retailer Tuskys Mattress opens additional branch in coastal region

KENYA – Kenya’s leading retailer Tusker Mattresses, which operates Tuskys Supermarkets and Mavazi Lifestyle Clothing stores has opened a new branch in the coast regional. Located in Oasis Shopping Mall in Malindi, the new branch […]

Amazon opens its biggest global campus in India to enhance investment

INDIA – American online retailer and technology company, Amazon has opened its biggest campus in the globally in Hyderabad, India, as the first Amazon-owned campus outside the US. The 9.5-acre campus will house over 15,000 […]