Africa: latest retail news, insights and analysis | ESM Magazine

Pernod Ricard To Showcase Leading Africa-Based Staff In Paris Exhibition

Drinks giant Pernod Ricard is to showcase 17 of its leading employees and executives that are operating in Africa at the 20th edition of the Paris Photo ex...

‘Catastrophe’ Seen By South Africa Agriculture Due To Drought

As South Africa’s worst drought in more than a century persists, crops besides grains are under threat as irrigation reservoirs drain, and that could...

Cocoa Beans To Bring Ghana Foreign-Exchange Market To Life

Ghana’s foreign-exchange market is about to be spurred to life: by cocoa beans. Currency transactions by Ghanaian banks are set to double as the g...

Cemoi Chocolate Sales In World No. 1 Cocoa Grower Beat Forecasts

French chocolate maker Cemoi Group said sales from its cocoa-processing plant in Ivory Coast exceeded forecasts in the operation’s first year as the...

Africa’s Biggest Food Retailer Doubles CEO’s Pay After Bonus

Shoprite Holdings Ltd doubled chief executive officer Whitey Basson’s pay last fiscal year to 100.1 million rand ($7.4 million), thanks to a bonus fr...

Shoprite CEO Says Retailer Would Mull Expansion Outside Africa

Shoprite Holdings Ltd would consider expanding outside Africa, as the continent’s largest food retailer seeks additional fast-growing markets, chief...

Shoprite Profit Beats Estimates On Africa Store Sales Growth

Shoprite Holdings Ltd. full-year profit rose 17 percent, beating analyst estimates, as South Africa’s largest food retailer benefited from sales grow...

Rains Bring Relief For Ivory Coast Cocoa Farms After Drought

A severe drought in West Africa that wrecked the Ivory Coast cocoa crop is giving way to some rainfall, bringing relief to farmers before the start of the...