French retail giant Carrefour enters Ethiopia

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Carrefour Supermarket in Mombasa. FILE PHOTO | NMG

French retail giant Carrefour has entered Ethiopia’s fast-growing grocery market through a partnership with Queens Supermarket Plc, a subsidiary of Midroc Investment Group, the country’s largest private company.

The franchise and supply partnership allows the roll-out of Carrefour banners, expertise and products in Africa’s second most populous nation, with about 135 million people.