Africa’s biggest supermarket chain, Shoprite Holdings recently announced it is closing one of its branches in Kenya and laying off over 100 workers due to a reduction of shoppers. Elsewhere, the International Finance Corporation is set to acquire a minority stake in retail chain Naivas International Limited for $15 million. For more updates in Kenya’s retail market and how it’s coping with the pandemic, CNBC Africa spoke to Ken Gichinga, Chief Economist at Mentoria Economics.
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Acknowledged as the world’s largest Africa-focused digital infrastructure and emerging tech event, the Africa Tech Festival has always attracted a stellar line-up of critical thinkers, analysts, futurists, keynote and inspirational speakers. 2020 will more than deliver on that reputation, with a stimulating array of visionary industry presenters, raconteurs and even some sporting greats.
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