logoBC
Yaoundé - 25 October 2020 -
Agriculture

Cameroon: Carrefour’s new stores to present increased supply opportunities for local suppliers

Cameroon: Carrefour’s new stores to present increased supply opportunities for local suppliers
  • Comments   -   Monday, 05 October 2020 12:53

(Business in Cameroon) - Luc Demez (Managing Director of the local subsidiary of French group Carrefour in Cameroon) recently announced that his group would open new stores in Douala (the Douala Grand Mall notably) and Yaoundé before the end of 2021.

These new stores present numerous opportunities for local producers and suppliers. Indeed, most of the products sold by Carrefour come from local suppliers and producers. In an interview with Ecofin Agency, Luc Demez explained that the group was collaborating with local suppliers who provide most of the goods sold in Carrefour’s stores to offer Cameroonians the same products they used to buy in markets. Therefore, new demands will rise with the launch of the new stores.

To date, the group has about 500 suppliers that provide local products or imported goods that are much-in-demand in local markets.

According to some observers, with the recent boom of the middle-class, the need for purchase points that are more structured than mainstream markets has arisen. Such demand will be met by large mass retail brands, which has brought the quality and supervision requirements necessary to develop a sector that will later transform the livestock and agriculture sectors in Cameroon. The sector will help shift the production mode from subsistence to commercial.

Idriss Linge

cameroon-358-teachers-and-students-have-received-ict-certification-from-huawei-within-5-years
The Cameroonian subsidiary of the Chinese telecom equipment company Huawei recently concluded the 5th edition of its program "Seeds for the Future," aimed...
cameroon-plans-to-reduce-minimum-capital-for-llc-establishment-from-xaf100k-to-5k-by-march-2021
The creation of Limited Liability Companies (LLCs) could be further simplified in Cameroon if the country sticks to the priority action plan presented at...
imf-praises-cameroon-s-transparency-in-the-attribution-of-covid-19-procurement-related-contracts
On October 21, 2020, when the second disbursement under the rapid credit facility (aimed at helping countries deal with the coronavirus pandemic) was...
camair-co-recorded-over-xaf6-bln-of-revenue-shortfalls-in-h1-2020-because-of-coronavirus-pandemic
Camair-Co recorded about XAF6 billion of revenue shortfalls in H1-2020, according to an internal document Business in Cameroon had access to. The...

Mags frontpage


Business in Cameroon n92: October 2020

Crowfunding A solution for young entrepreneurs


Serge Esso, rising lobbyist


Investir au Cameroun n102 Octobre 2020

Financement participatif Une solution pour les jeunes entrepreneurs


Serge Esso, le lobbyiste qui monte