Cote d’Ivoire
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Financial Services in Ivory Coast
đ GTBank #1 đ„ in our March 2021 ranking of financial services brands in Ivory Coast according to their recommendation score, followed by Bank of Africa đ„ and MTN Mobile Money đ„. Other brands in our top 10 include Societe Generale, Moov Money, UBA, Orange Money, Ecobank, Banque Atlantique, and BNI. An interesting mix of
27th April 2021
Categories: CĂŽte d'Ivoire - SagaBrand - Financial Services - Cote d'Ivoire
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Ghana becomes SPARâs tenth African market
Netherlands-based SPAR International has partnered with EcoDi (Economic Distribution Company Ghana) in a deal that will see all of the latterâs 17 outlets (most of which are located in the vicinity of Accra) convert to the SPAR banner by the end of this year. This deal makes Ghana SPARâs tenth African market and its second
1st September 2020
Categories: SagaRetail News - Supermarkets - Africa - Spar - Ghana - Cote d'Ivoire
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The latest KFC Index shows that Southern African currencies remain the continent’s most undervalued
The Zimbabwean dollar (ZWD) is currently the most overvalued currency in Africa, according to Sagaci Research’s KFC Index for Q2 2020, which is based on data collected during June. The index utilises the price of KFC chicken buckets in different countries to estimate US dollar (USD) exchange rates for African currencies. These âimpliedâ rates are then
10th July 2020
Categories: Foodservice - Swaziland - Blog - Egypt - Ghana - Uncategorised - Botswana - Cote d'Ivoire - Gabon - Kenya - Morocco - Nigeria - Rwanda - Senegal - Tanzania - Tunisia - Uganda - Zambia - Zimbabwe - South Africa
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A shopping revolution: Covid-19 is a catalyst for e-commerce in Africa
Even before the current crisis, interest in online shopping was on the rise in Africa, albeit from a very low base. As recently as December 2019, a Sagaci Research survey found that 12% of Nigerian consumers had used the internet to shop online during the previous four weeks. In Kenya and Tanzania, this figure stood
14th May 2020
Categories: Blog - Retail - Supermarkets - Africa - Consumer - Retail & Shopping Malls - Angola - Uncategorised - Cote d'Ivoire - Kenya - Nigeria - Senegal - Zambia
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Jumia re-orients consumer proposition as it seeks path to profitability
Having exited the Cameroonian, Tanzanian, and Rwandan markets over recent months and reoriented its marketing efforts towards lower-value items, internet retailer Jumia saw its gross merchandise value (GMV) decline at an annual rate of 3% during Q4 2019, from âŹ311 million in Q4 2018 to âŹ301 million. However, for 2019 as a whole, GMV rose
11th March 2020
Categories: SagaRetail News - Egypt - Ghana - Cote d'Ivoire - Kenya - Morocco - Nigeria - Senegal - South Africa
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Mr Bricolage opens new store in Morocco, but SSA growth plans have stalled
French DIY chain Mr Bricolage has opened its eighth Moroccan outlet in Dar Bouazza, a rapidly expanding suburb of Casablanca. With a sales area of just 1,200m2, it is much smaller than the typical Mr Bricolage outlet, with the company referring to it as a âconvenience storeâ (magasin de proximitĂ©). âWith this new opening, the
10th March 2020
Categories: SagaRetail News - Cote d'Ivoire - Morocco
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CFAO brings Carrefourâs Supeco banner to CĂŽte dâIvoire
CFAO, Carrefourâs West African franchisee, has brought the French retailerâs Supeco banner to Abidjan, opening a store in the working-class suburb of Yopougon. CFAO also operates three Carrefour outlets in Abidjan (two hypermarkets and a supermarket), all of which are located in shopping malls. Supeco combines a relatively limited range of SKUs (around 2,000) and
31st January 2020
Categories: SagaRetail News - Carrefour - Supeco - CFAO - Cote d'Ivoire - Ivory Coast
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Sagaci Research relaunches the KFC Index
En francais ci-dessous Kwa lugha ya Kiswahili hapa chini KFC Index identifies Central African CFA Franc as the most overvalued currency in Africa Sagaci Research, the leading independent pan-African market research and market intelligence firm, has released its âKFC Indexâ for January 2020. This twice yearly index utilises the prices of KFC chicken buckets in
31st January 2020
Categories: SagaRetail News - Lesotho - Egypt - Ghana - Angola - Cote d'Ivoire - Gabon - Kenya - Morocco - Mozambique - Nigeria - Senegal - Sudan - Tanzania - Tunisia - Uganda - Zambia - Zimbabwe - South Africa - Ivory Coast
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Ivorian retailer seeks to remake the traditional market
Supermarkets continue their inexorable growth across much of sub-Saharan Africa (SSA), but some local entrepreneurs are attempting to hybridise this format with traditional markets to produce something that is uniquely African. The Prince Ebeano supermarket chain in Nigeria is one example of this, but Socofrais is taking the concept a step further in Abidjan, the
3rd December 2019
Categories: SagaRetail News - Retail - Supermarkets - Cote d'Ivoire
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Still burning cash, Jumia positions itself as an online bridge to Africa
Africa-focused internet retailer Jumia saw its revenue rise at an annual rate of 19.4% during Q3 2019, to âŹ40.1 million, while its operating loss widened by 34.6%, to âŹ54.6 million. Gross merchandise volume (the total value of orders, including those of third parties using its platform, before the deduction of any discounts or vouchers and
14th November 2019
Categories: SagaRetail News - Retail - Africa - Egypt - Retail & Shopping Malls - Ghana - Algeria - Cameroon - Cote d'Ivoire - Kenya - Nigeria - Senegal - Tunisia - South Africa - Ivory Coast