Search

French retailer Carrefour enters Ethiopia with 30-store expansion plan

Carrefour operates in over 550 markets across Sub-Saharan Africa. Photo by James Orr @ Unsplash
Carrefour operates in over 550 markets across Sub-Saharan Africa. Photo by James Orr @ Unsplash
  • Carrefour converts 13 Ethiopian stores under Midroc partnership
  • French retailer plans 30 outlets by 2028

 

ADDIS ABABA, ETHIOPIA – French retail giant Carrefour has entered the Ethiopian market through a franchise partnership with Midroc Investment Group, marking a significant bet on one of Africa’s fastest-growing consumer economies.

Under a franchise and supply agreement with Queens Supermarket, a Midroc subsidiary, 13 existing Queens outlets will be fully converted to the Carrefour brand by the first half of 2026, the companies said.

  • Carrefour converts 13 Ethiopian stores under Midroc partnership
  • French retailer plans 30 outlets by 2028

 

ADDIS ABABA, ETHIOPIA - French retail giant Carrefour has entered the Ethiopian market through a franchise partnership with Midroc Investment Group, marking a significant bet on one of Africa’s fastest-growing consumer economies.

Under a franchise and supply agreement with Queens Supermarket, a Midroc subsidiary, 13 existing Queens outlets will be fully converted to the . . .

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Can Senegal shield regional markets while restructuring debt?
Read More »
Construction site of Ethiopia’s Koysha Hydropower Project. Photo: Ethiopia Electric Power
Ethiopia’s next mega-dam tests its hydropower export ambitions
Read More »
China trades with Africa . Photo by Wolfgang Weiser @ Unsplash
Is China pushing Ethiopia from borrowing to selling?
Read More »

Latest Posts

Latest news insights