From Accra to Abidjan: the corridor rewriting West African retail
Better roads and shared payment systems are turning a coastal highway into a retail market.
Share this story
Filed under
Better roads and shared payment systems are turning a coastal highway into a retail market.
The numbers tell part of the story. Revenue has roughly doubled in each of the past three years, and the business says it has been cash-flow positive since its second year — a claim two of its customers, speaking on background, said matched what they had seen.
The rest of the story is about people. Managers describe a culture that rewards saying no, a hiring process that takes months rather than weeks, and owners who would rather grow slowly than borrow at punishing rates.
Not everyone is convinced the model travels. Rivals point out that what works in one city often breaks in the next, where suppliers, regulators and customers behave differently. For now, the results have silenced most of the doubters — and attracted a queue of imitators.
E-Hype Newsdesk
More from African Business
All African Business →
Exporters with paperwork, warehouses and payment rails in place are already winning cross-border orders.
Kumasi, Mwanza and Ibadan are growing faster than the capitals — and brands are following.
Processing, storage and finance — not farming itself — are where the margins are.
The business stories worth knowing.
The Monday Brief
The ideas, people, companies and stories shaping business in Africa — every Monday.
Free. Every Monday at 6 AM ET. Unsubscribe anytime.
