Business
Carrefour to Launch in Addis Ababa Within Two Weeks
Capital Ethiopia · 50 minutes ago · Read the Full Story on Capital Ethiopia
AI SUMMARY
French retail giant Carrefour is set to begin operations in selected Addis Ababa locations within two weeks following a rebranding of Queens Supermarket branches.
- Carrefour is set to begin operations in select Addis Ababa locations within two weeks.
- The launch follows a franchise and supply agreement signed in January between Carrefour and MIDROC Investment Group's Queens Supermarket.
- 15 Queens Supermarket branches in Addis Ababa, Adama, Dessie, and other cities are currently being converted to the Carrefour brand.
- Three new Carrefour supermarkets are under construction in Addis Ababa at Piazza Arada Mall, Millennium Hall in Bole, and Mohammedia Village in Sarbet.
- MIDROC intends to expand its Carrefour network to 31 supermarkets by the COP32 climate conference.
- MIDROC announced the availability of Carrefour products to consumers at the week-long 'MIDROC Week' exhibition at Meskel Square.
- The partnership is anticipated to facilitate the entry of Ethiopian products like coffee, tea, spices, flowers, and fresh fruit into Carrefour’s global retail network.
- Carrefour operates over 15,000 stores in more than 40 countries, reporting sales exceeding €91 billion in 2025.
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