Retail chain Naivas Supermarket has sold more stake to strategic investors as its expansion drive gathers steam. Proparco, the French sovereign wealth fund,...
A leading regional supermarket in tottering on the brink of collapse after falling into a financial hole, leaving hundreds of employees without jobs....
Naivas Supermarket, the fast-growing Kenyan retail chain, has signed a deal to sell a 30% stake to Paris-based private equity fund, Amethis Finance,...
South African Shoprite Holdings will move into Kenya, where weakened competitor positions have opened an opportunity for Africa’s biggest grocer to expand its...