In partnership with distributor CFAO, French retailer Carrefour is making its entrance into the African market and will open shops in eight African countries by 2015.
23 Aug 2013 13:46
Africa's growing middle class has expensive tastes and research by Bain & Company suggests that luxury goods sales will increase by 11% this year - demonstrating the continent's potential for upmarket goods.
By Zeenat Moorad 5 Nov 2013 09:50
African markets to the northern parts of SA are proving lucrative for local fruit and vegetable retailers, with business accounting for at least 10% of turnover for the sector.
By Shannon Sherry 16 Aug 2013 11:15
Leading African online retailer, JUMIA is now available in Ivory Coast. The company starts its services in the country providing their customers with a wide range of products online - including fashion, consumer electronics, home appliances and mobile devices. JUMIA is from now on operating in five African countries.
28 Jun 2013 14:57
NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
9 Nov 2011 09:36
CAPE TOWN: The first phase of setting up a free trade area across 26 countries in Africa is expected to come into effect in three years, trade and industry minister Rob Davies said on Monday, 13 June 2011.
14 Jun 2011 12:00
A billion Africans and 50 million bank accounts. In South Africa, credit cards are used by only 16.5% of the population (2008). No African country comes close to 1% of total retail spend spent online - the magic figure which constitutes the tipping point for digital retail growth. No wonder, then, that the ecommerce market in Africa hasn't bloomed.
By Herman Manson: @marklives 12 May 2011 18:55
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.
27 Jan 2011 11:00
NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.
27 Oct 2010 06:22
DAKAR: Some 70 long-displaced farmers returned this week to a cocoa plantation in western Côte d'Ivoire, despite deadly clashes triggered when armed youths tried to block their return.
1 Dec 2008 12:36
A week of strikes and protests in Cote d'Ivoire's economic capital Abidjan ended on Sunday following a government announcement that it would continue to subsidise fuel, and that government ministers would slash their own wages by 50% to help cover the cost.
21 Jul 2008 16:41
The government of President Umaru Yar'Adua says it is serious about tackling the root causes of violence and poverty in Nigeria's troubled Niger Delta with a ‘master plan' to develop the region and provide basic services.
20 Nov 2007 10:50
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