
Africa’s economic reset requires moving from ambition to execution
The Africa Commerce Convergence Summit keynote address identified four elements that must converge if the continent is to achieve a meaningful economic reset.
BUSINESS STRATEGY
By our African Marketing Confederation News Team | 2024
Auchan underlines its African retail ambitions with new sub-brand in Senegal and a move into the Algerian market.
The French-based Auchan supermarket group, which is the dominant player in the sector in Senegal, has opened its first cash-and-carry outlet in the country under the Auchan Max sub-brand.
Lionel Allorge via Wikipedia
A no-frills concept, it sells a limited range of FMCG products in bulk at lower-than-supermarket prices. This makes Auchan Max more of a wholesale outlet serving commercial buyers, including foodservice and local traders.
The first Auchan Max outlet in Senegal is, perhaps surprisingly, not located in busy Dakar, but in quieter Saly – a tourist community about a two-hour drive south of the capital city. It is being speculated that this is to test proof of concept and determine if cash-and-carry stores will take sales away from Auchan’s two local full-service supermarkets.
Competing with Auchan Max in Senegal’s cash-and-carry market is the Supeco store brand, which was launched in 2019 by CFAO, a company that also operates the Carrefour supermarket franchise in francophone West Africa and has additional Superco outlets in Cameroon and Côte d’Ivoire.
Africa division seeks new opportunities on the continent
Already well-established in Senegal, Auchan last year established an Africa division based in the country. Its role is to extend the brand across the continent, according to a report by the business news website Africa Business+.
It is moving into Algeria through a partnership with the Great Way Group, a retail player operating in the Maghreb region.
This will see the opening of a 5,000 square-metre Auchan hypermarket in the capital city of Algiers, operated by the Great Way Group.
“To continue and expand our development in Africa, we are entering into a responsible partnership with one of Algeria’s leading retailers,” Yves Claude, Chairman and CEO of Auchan Retail, said at the time of the announcement last year.
“We share a three-fold ambition: offering residents a novel shopping experience; offering them products that are good for their health and for the planet; and contributing to Algeria’s development, as far as we can, by encouraging the creation of agricultural value chains and local food production.”
Yasser Hadjbenali, Executive Director of the Great Way Group, said in his own statement: “Our collaboration also seeks to provide an innovative, modern and exclusive customer experience, featuring services never previously seen in the Algerian market.
“Auchan is the ideal partner to achieve this ambition of creating a new generation of competent, modern and forward-looking Algerian retailers.”
Auchan has a retail presence in several markets. These include France, Spain, Portugal, Luxembourg, Poland, Romania, Hungary and Taiwan.

The Africa Commerce Convergence Summit keynote address identified four elements that must converge if the continent is to achieve a meaningful economic reset.

Vongani Mageza brings more than 20 years’ experience across financial services and FMCG) companies such as FNB and Diageo.

AI agents will influence shopping, algorithms will supersede social connections, and the clip economy will change how brands connect.

The brand partnership includes a new TV commercial featuring Kipchoge, digital storytelling, wellness initiatives and community programmes.

Modern retail in Africa is still dwarfed by the traditional trade. Marketers who dismiss this relationship-heavy retail model do so at their peril.

Research finds brands don’t just sell products. They can also provide employees with stories through which they feel their work is meaningful

Honesty must be demonstrated through transparency, accountability and action – shaping both reputation and future trust following a crisis.

In the funeral plan category, where most advertisements look like an obituary, Standard Lesotho Bank opted to ‘sell the cow’, not the policy.

Strategic Marketing for Africa, the publication for deep-thinking African marketing professionals, is not to be missed.

CEO of Scopen says the expansion into East Africa is a natural progression following the success of the research in South Africa.

Report says around 80% of Africa’s annual goods export potential to the Caribbean remains untapped.