Proparco, Mauritian conglomerate IBL Group and German sovereign wealth fund DEG will be taking the substantial interest in the company, currently the leading...
The supermarket has lately been unable to stock essential products like milk, bread, sugar and foodstuffs after suppliers stopped servicing orders over delayed...
The cash injection is expected to enhance Naivas’s expansion strategy that has seen it open 60 branches across the country.
It took advantage of chaos in the Kenyan retail market that begun last year to secure seven sites and leases in East Africa's...