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| photo courtesy of suratisweetmart.com |
Retail
Africa’s retail
market is a multi-billion dollar business opportunity. In addition to its over
1 billion population, more Africans are buying stuff due to their growing
economies, rising middle class and rapid urbanization.
Africa’s retail
market is going through a monumental shift. Retail is gradually moving away
from informal trading in open markets to organized retail in shopping malls and
online stores. Africa’s home-grown supermarket chains like Shoprite, Game,
Woolworths and Nakumatt are entering more countries and are spreading fast
across the continent.
