
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 | 2026
Group aims to become Africa’s leading grocery retailer within four years, according to its Carrefour 2030 blueprint.
French-based supermarket group Carrefour will open its first supermarket in Guinea in mid-April 2026. It will do so in partnership with Imperial Group, a local supermarket chain that currently operates six supermarkets in Conakry and is already a major importer of French premium FMCG brands.
This is according to a report published by Trendtype, the emerging markets consultancy, which adds that all of Imperial Group’s stores will be rebranded to Carrefour.
Photo: Ecofin Agency
The only other international supermarket chain in Guinea is Cooperative U, which has three stores in Guinea in partnership with local entrepreneur Bassam Merhi.
Carrefour aims to become Africa’s leading grocery retailer within four years, according to its recently published Carrefour 2030 strategy.
The company is targeting operations in 22 African countries, part of 45 markets identified globally for expansion, as it seeks to boost growth and improve profitability.
Ethiopia and Ghana already in the Carrefour fold
In January 2026, Carrefour announced a franchise and supply agreement in Ethiopia with Queens Supermarket PLC, a subsidiary of local conglomerate Midroc Investment Group. The deal is expected to see 13 existing supermarkets rebranded under the Carrefour name in 2026, with 17 additional stores to open by 2028.
In December 2025, Carrefour signed an agreement with Brands for All to introduce its brands, retail expertise and private-label products in Ghana. The partnership will allow it to take over and rebrand seven stores currently operated by South Africa’s Shoprite by next April.
Other countries where Carrefour is active include Kenya, Uganda Democratic Republic of Congo, Gabon, Cameroon, Senegal, Algeria, Morocco and Egypt. The group currently operates nearly 700 stores across Africa.
Comments Trendtype: “The vast majority of those stores are in three countries in North Africa: Morocco, Egypt and Tunisia. Carrefour’s store network in the rest of Africa is relatively small, which is partly reflective also of the much smaller size of the modern trade in sub-Saharan Africa.”

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.