Retailers hang in for African bonanza

19 June 2016 - 02:00
By PALESA VUYOLWETHU TSHANDU

Africa's investment case has been threatened by slow growth, limiting consumer activity on the continent. But some retailers appear willing to stay the course. According to a report issued this month, the proportion of investment by the global top 100 grocery, health and beauty retailers allocated to Africa and the Middle East grew from 12% in 2010 to 16.

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