Kenyan retailers offer home deliveries in bid to control spread of the corona virus

KENYA – In the wake of the outbreak of COVID-19 virus, Kenyan retailers have adopted safer and efficient ways of serving their customers by availing home delivery services. Spanish delivery company Glovo has announced partnership […]

CAK approves acquisition of minority stake in Naivas by French PE fund

KENYA – The Competition Authority of Kenya (CAK) has approved acquisition of a minority stake in Kenyan retail chain Naivas by French private equity fund Amethis Finance. Amethis has made the acquisition alongside its partners […]

Amethis Fund II to acquire minority stake in Kenyan retail chain Naivas

KENYA – Amethis Fund II, Paris-based private equity fund is set to acquire a minority equity stake in Kenyan retail chain Naivas Limited in a deal estimated to be worth billions of shilling. “We are […]

Naivas widens footprint at the Coast of Kenya with 56th branch

KENYA – Kenyan retail chain Naivas supermarkets has opened its 56th branch in Kenya’s Coastal region, Mombasa’s Central Business District, as part of its expansion plan targeting other regions outside Nairobi where most of its […]

Spanish delivery firm partners with Java House, Naivas to expand footprint in Kenya

KENYA – Glovo, a Spanish delivery firm which launched in the Kenyan market in January this year, has entered into more strategic partnerships with local and international brands in the country as it seeks to […]