French Supermarket Giant to open stores in Uganda
French retailer Carrefour is set to open its first branch in Kampala as it moves to take up space previously occupied by struggling Kenyan retailer Nakumatt.
The two stores, operated under the Majid Al Futtaim franchise, according to a statement sent to Daily Monitor, will be established in spaces formerly occupied by Nakumatt at Oasis Mall in Kampala and Metroplex Mall in Nalya, on the outskirts of Kampala.
Carrefour is seeking to expand in East Africa after it launched in Kenya in 2016.
Mr Hani Weiss, the Majid Al Futtaim chief executive officer - retail, said Carrefour's entry into Uganda will further cement the chain's position as a customer-centric retailer, bringing one of the largest retailers in the world to the heart of Kampala.
"Uganda is considered one of the fastest growing economies in Africa, and we are delighted to partner with local stakeholders to offer a world-class retail experience to Ugandans, specifically tailored to their needs," he said, noting that the Dubai-based franchise holder will first operate a single store at Oasis Mall before opening another at Metroplex Mall early next year.
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