Business
MIDROC Refutes False Reports on Carrefour's Launch Date in Ethiopia
TIKVAH Ethiopia · 24 hours ago · Read the Full Story on TIKVAH Ethiopia
AI SUMMARY
MIDROC Investment Group has dismissed recent media reports claiming Carrefour will launch operations within the next two weeks, clarifying that the official launch is scheduled for Hidar 29, 2019 E.C.
- MIDROC Investment Group stated that media reports claiming Carrefour will begin operations in the next two weeks are incorrect and misleading.
- The group refuted claims that multiple Queens Supermarket branches have already transitioned to Carrefour and will also start operations outside Addis Ababa.
- Reports over the weekend claimed Carrefour will officially commence its operations in Ethiopia on December 8, 2026.
- They also stated that Carrefour entered the Ethiopian market through a partnership with MIDROC Investment Group.
- According to these reports; under the partnership agreement, Queens Supermarket branches are scheduled to be rebranded as Carrefour.
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