Guinea is next target in Carrefour’s rapid African expansion strategy

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.”