Shoprite: Africa’s biggest supermarket considers pulling out of Nigeria

Posted on August 3, 2020 / Posted by ACM
Shoprite: Africa's biggest supermarket considers pulling out of Nigeria


A Shoprite sign is displayed on a billboard in Abuja, Nigeria August 3, 2020Image copyright
Reuters

Image caption

Shoprite employs at least 2,000 people in Nigeria

Africa’s biggest supermarket chain, South African-owned Shoprite, says it is considering pulling out of Nigeria.

It said it was looking at selling all “or a majority stake” of its operations in Africa’s most-populous country.

Shoprite is the latest South African retailer to look at leaving Nigeria – clothing firm Mr Price…



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