Brands & People

AfricInvest acquires a stake in a retail company.

AfricInvest Fund IV has bought a minority stake in the Nigerian retail store, Justrite Superstore. In a statement made available to our correspondent Monday, AfricInvest said that this move would allow Justrite to contribute to building affordable grocery outlets that source local products, support domestic agriculture value chains, and create new jobs while improving the availability of safe…
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