Angola’s largest hypermarket opens in Luanda

11 September 2014

Angolan company Kero has opened Kero Gika, the largest hypermarket in Angola, with a total area of ​​14,000 square metres, a sales floor covering 10,000 square metres and offering 40,000 products.

Kero Gika is not only the largest hypermarket in Angola but also the largest investment made to date by the Kero company, totalling US$50 million.

“This is the largest facility of its kind in the country and a benchmark on the African continent and it means a large investment by the group in the country’s capital,” said managing director, João Santos.

Kero is an Angolan-owned private company dedicated to food and non-food sales and distribution through a chain of Kero branded stores, in the hypermarket, supermarket and convenience store formats.

Portuguese group Sonae, which plans to open a network of hypermarkets in Angola under a partnership with Condis, a company controlled by Angolan businesswoman Isabel dos Santos, has successively postponed the opening of the first store.

The partnership between Sonae and Condis for the Continente hypermarkets in Angola was established in April 2011, when the idea was to open four hypermarkets in Luanda, one in Huambo, a training school and a producers club, with the first store originally planned to open in 2013. (macauhub/AO/PT)