Tuesday 27 May 2014

Largest Retail Chains in Africa [Annual Sales of US$200M or More]


When it comes to formal retail, the top ten rankings for the continent are not too different from the rankings for Sub Saharan Africa (For Sub Saharan list, click here)

South African companies occupy 9 of the top 10 positions with Morocco's Marjane Holdings being the only business from a different country in the top 10.

There are more than 1500 independent formal retail companies across Africa. Of these, less than 35 had annual sales of $200M or more. 

The following two retailers from Nigeria should probably be on this list (revenues are likely somewhere within the $100M to $250M range). However, no information on their sales is currently available.

  • Park n Shop (part of Artee Group which also owns the local franchise of Spar)
  • Addide

US$ exchange rates as at April 2014.




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