• Nigeria replaces Angola as Shoprite’s weakest link

    South African grocery retailer Shoprite continues to struggle in sub-Saharan Africa (SSA), with Nigeria replacing Angola as its worst performing market in the region. While sales in Angola are now almost stable, declining at an annual rate of 1.9% in constant-currency terms during the six months to December 2019, Nigerian sales plunged 8.1% over the

    Categories: SagaRetail News - Supermarkets - Shoprite - Angola - Uncategorised - Nigeria

  • Moroccan government threatens to show Turkish discounter the door

    With the Moroccan and Turkish governments missing a self-imposed deadline of January 30th to reach a new trade deal, Moroccan Minister of Trade Moulay Hafid Elalamy has threatened to shut down Turkish grocery retailer BİM’s local operations. Speaking in the Moroccan parliament, he claimed “Wherever they [BİM] open, 60 Moroccan shops are closed.” Haluk Dortluoğlu,

    Categories: Uncategorised

  • Professional advice, specialised stores, and social media at the heart of Kenya’s burgeoning cosmetics market

    Young urbanites from middle- and high-income households to the fore A Sagaci Research survey conducted during 2019 with 800 women across urban and rural locations found that 22% of Kenyan women had used makeup/colour cosmetics during the four weeks prior to survey. Levels of makeup use were found to be comparable to those of fragrances

    Categories: Blog - Retail - Uncategorised - Kenya

  • French PE fund set to take stake in Kenyan supermarket chain

    Kenyan newspaper Business Daily reports that Paris-based private-equity fund Amethis is to acquire a 30% stake in Kenyan supermarket chain Naivas. According to “sources familiar with the transaction,” “Talks are at an advanced stage, with the parties now awaiting regulatory approval before making a formal announcement.” Naivas opened its 60th store in December 2019 and

    Categories: Uncategorised

  • Private equity funds acquire stake in Tunisian hard discounter

    Mediterrania Capital Partners and Ekuity Capital have acquired a stake in Tunisian hard discounter Aziza. Founded by Groupe Slama in 2014, Aziza has expanded rapidly and currently has around 250 outlets, a total sales area of 70,000m2, and more than 2,000 employees. The financial terms of the transaction have not not disclosed. Like Turkish hard discounter

    Categories: Uncategorised

  • How do Kenyans Bank?

    The rapid adoption of mobile money has been the signature trend of the Kenyan financial-services market over the past decade. Most consumers now use mobile payments, while less than half have a debit card. Sagaci Research´s new report, ‘How do Kenyans Bank?’ which is based on findings from 1,000 face-to-face interviews, provides data on brand awareness

    Categories: Uncategorised

  • Japanese Office Now Open

    Sagaci Research has opened a representative office in Japan. For more information on how we can help Japanese companies to thrive in African markets, contact masanori.sakanashi@sagaciresearch.com

    Categories: Uncategorised

  • Consumer Service, HoReCa, Leisure & Education number of outlets (database) – Full table of contents

    Number of outlets for each of the below categories: Category 1 – Service Outlets Banks Doctors & Healthcare specialists Driving schools Forex Garage, Auto/ Motorcycle/ Electronic Repairers Hair-dressers, Barber Shops, Beauty Salons & SPAs Hospitals, Emergency Units & Clinics Insurance Companies Medical/Clinical Laboratories Post-offices & Admin Places Printers, Office Services & Internet Café Professional services

    Categories: Uncategorised

  • Shopping centers across Africa – Press article

    Moroccan business news press Challenge.ma cites our recently published study on Shopping malls across Africa Click to read full article online: http://www.challenge.ma/morocco-mall-et-anfa-place-dans-le-top-5-africain-13039/

    Categories: Uncategorised

  • Grocery retail in Ethiopia (Addis Abeba)

    Our latest report “Grocery retail in Ethiopia” has been published today (August 5, 2013) after several months of research and field studies. In this first edition, we explore Ethiopia’s grocery retail scene and its evolution on the verge of transition from traditional to modern retail. There is strong growth and change in retail and companies

    Categories: Uncategorised - Ethiopia