Carrefour CEO Follows 72% Surge With African Expansion

Carrefour CEO Follows 72% Surge With African Expansion

Balint Porneczi/Bloomberg

“Carrefour is taking early advantage of what will be an increasing move in Africa of people looking to do a weekly grocery shop of items kept fresh through modern advancements like refrigeration,” said Michael Dennis, a retail analyst at Cantor Fitzgerald in London.