South African group Shoprite plans to buy up 80 pct of agricultural production in Angola’s Huíla province

31 August 2011

Lubango, Angola, 31 Aug – South African retail group Shoprite plans to buy 80 percent of the agricultural production of Angola’s Huíla province, said Stefan Gerrit Gouws the managing director of the new supermarket opened in the city.

Gouws said that the company’s aim was to open two more supermarkets in the south of Angola. The Shoprite group opened its first supermarket in Angola, in Luanda eight years ago.

It now has two supermarkets in the Angolan capital and one in Lobito.

The new supermarket in Lubango covering an area of 3,903 square metres is located in an area of 6,800 square metres.

The South African group has invested US$20 million in the supermarket, which is providing jobs to 189 Angolans.

The Shoprite group, which is Africa’s largest retail chain, currently has 1,246 points of sale in 16 African countries and employs over 95,000 people. (macauhub)

MACAUHUB FRENCH