Majid Al Futtaim says Uganda will be Carrefour's 16th market worldwide
UAE-based retail giant Majid Al Futtaim has announced plans to open its first Carrefour stores in Uganda.
The company said it will operate its first Carrefour store in Oasis Mall, Kampala, with over 150 employees recruited.
Hani Weiss, CEO of Majid Al Futtaim Retail, said: “Following Carrefour’s success in Kenya, we are proud to introduce our plan for the first ever Carrefour stores in Uganda, which will further cement our position as a leading customer-centric retailer.”
He added: “This announcement brings us a step closer towards realizing our long-term expansion plan for East Africa.”
As part of its expansion strategy, Majid Al Futtaim said it is planning to open its second Carrefour store in the country in early 2020 at Metroplex Kampala, creating up to 150 additional direct and indirect jobs.
Majid Al Futtaim holds the exclusive franchise rights to operate Carrefour in 37 countries and currently operates over 270 Carrefour stores in 15 countries.
Uganda will be its 16th market. Carrefour started operations in East Africa with its entry into the Kenyan market in 2016 and operates seven stores to date, employing more than 1,400 staff.