Majid Al Futtaim, a leading retail firm in the Middle East, Asia and Africa , on January 14 officially opened the first Carrefour store in Uganda after setting up shop in Kenya last year.
The store is located at Oasis Mall at the space that was previously occupied by Nakumatt, a popular Kenyan retail chain that exited Uganda in 2017.
Amelia Kyambadde, the minister of Trade, Industry and Cooperatives, while officiating at the launch of the store, said a growing population coupled with a vibrant economy are ingredients that will support Majid Al Futtaim’s investment in the country.
“The entry of a global retail brand like Carrefour goes a long way in ensuring that the expanding community is catered to. With rapid urbanisation, there is an increased demand for superior and high-quality products offered at great value and we are confident that in Majid Al Futtaim, we have the right partner,” she said.
By building the capacity of local suppliers, Majid Al Futtaim is encouraging value addition which will in turn help to boost household incomes,” she added.
Hani Weis, the CEO of Majid Al Futtaim, said the launch is an integral part in the retailer’s long-term ambitions in Uganda.
“We are committed to operating in Uganda for the long term and are happy for the opportunity to contribute to further developing the retail sector to the benefit of the community. Carrefour is here to modernise the grocery retail store sector by bringing international best practices and delivering the best value products to our customers as we work to realise our vision of creating great moments for everyone every day,” Weis said.
The company will employ 130 Ugandans and has contracted 50 more from external companies. More than 260 local companies have been engaged to supply stock to the Carrefour store in Uganda. Majid Al Futtaim owns franchise rights to operate the Carrefour brand in over 30 countries across the Middle East, Africa and Asia.