Carrefour to enter Ethiopia via franchise and supply agreement

French supermarket radical Carrefour has announced plans to participate the Ethiopian marketplace done a franchise and proviso partnership.

The radical volition spouse with Queens Supermarket, a subsidiary of Midroc Investment Group.

The determination forms portion of Carrefour’s 2026 strategical plan, nether which the retailer is seeking to grow into 10 caller countries done franchising.

Under the agreement, the institution volition supply its banners, operational expertise and merchandise offering.

Carrefour's planetary partnerships CEO Patrick Lasfargues said: “We are delighted to initiate this collaboration with a starring retail subordinate successful Ethiopia. Beyond the accelerated translation of the 13 existing stores, the Midroc and Carrefour planetary concern teams are already moving hand-in-hand connected the aboriginal maturation of our activities successful the country: by 2028, we task the opening of 17 further stores.

“This motorboat successful Ethiopia is different milestone successful the execution of our planetary franchise enlargement strategy, which already saw america walk the 3,000 franchised store people successful October 2025.”

As portion of the arrangement, Carrefour plans to enactment the translation of Queens Supermarket’s existing store network, which volition beryllium rebranded nether the Carrefour name.

The statement besides includes the rollout of an enlargement program for the network, with the archetypal rebranded outlets expected to unfastened successful the archetypal fractional of 2026.

Midroc Investment Group CEO Jemal Ahmed commented: “I americium precise arrogant to announce, on with the full Midroc team, our integration into Carrefour's planetary franchise network.

“By leveraging our heavy cognition of the section Ethiopian market, the dedication of the Midroc teams, and Carrefour's excellence, we volition beryllium capable to connection Ethiopian consumers high-quality, affordable products and an acquisition that perfectly meets their expectations.”

In November 2025, Carrefour confirmed that the Saadé household had go a cardinal shareholder aft acquiring a 4% involvement successful the company’s stock capital.

Last September, Carrefour officially ceased operations successful Kuwait, completing its strategical withdrawal from 4 Middle Eastern markets implicit 10 months.

"Carrefour to participate Ethiopia via franchise and proviso agreement" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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