Carrefour’s closure of one of its stores in Kenya’s lake city of Kisumu comes amid stiff rivalry with Naivas supermarket in Kenya. The recently closed store at Mega Plaza in Kisumu is only a few metres away from Naivas supermarket. In an interview with Kapital Afrik, Carrefour’s regional director of East Africa at Majid Al…...
Trending
- Congo: triumphant return to the markets with a $700 million USD eurobond due in 2035
- Benoit DIOUF appointed as Partner at ASAFO & CO. RCI
- Cameroon: Microfinance offers a market of nearly USD 1.2 billion with strong regional traction
- CEMAC: an incubator to prepare companies for the BVMAC
- Tunisia: AfDB grants a $50 million guarantee to BIAT to boost trade
- Ivory Coast: Ivorian Cotton Company takes over Uniwax activities
- Tunisia: Investments reach 2.7 billion dollars in 2025
- Public securities: Mali supported by three banks on the market in 2025
Kenya: Carrefour closes Kisumu store on Naivas nextdoor competition
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com