- Ethiopian version of Walmart to open stores next year
Like the American Walmart or the Kenyan Nakumatt Holdings, Alleis set to operate in the wholesale market as an Ethiopian version of a cash and carry business. The privately run Alle will have one billion birr of startup capital, The Reporter has learnt.
According to Joy Muchina, public relations officer, Alle plans to operate three cash and carry stores by the end of 2
014. Muchina told The Reporter that Alle will supply food and near-food products under a single roof.
Like the American Walmart or the Kenyan Nakumatt Holdings, Alleis set to operate in the wholesale market as an Ethiopian version of a cash and carry business. The privately run Alle will have one billion birr of startup capital, The Reporter has learnt.
According to Joy Muchina, public relations officer, Alle plans to operate three cash and carry stores by the end of 2
014. Muchina told The Reporter that Alle will supply food and near-food products under a single roof.