Africa Retail Academy is an initiative of Lagos Business School (LBS) aimed at nurturing a community of experts and practitioners in the African retail sector, as well as providing a platform for the dissemination of the continent's current retail advancements.
The academy also offers asynchronous programmes and short courses tailored to the unique African retail environment. This represents the first-ever African foray into a comprehensive, self-paced retail education.
Drawing upon the expertise of foremost academics and practitioners from around Africa, the academy will paint a vivid portrait of the history, future, and present state of retail on the continent.
Financing is key but not the major challenge, it is not a barrier but a limitation that can be scaled through.
Dr Austin Njoko - Chairman/Founder, Priceless Stores & Groceries Limited
Informal retail is not a hindrance to growth.
Ebele Enunwa - CEO, Sundry Foods
The future of retail is about being customer-centric.
Joyce Nwachukwu - Commercial Director, NielsenIQ West Africa
The money doesn’t drive retail, the passion does.
Wambui Mbarere - CEO, Retail Trade Association of Kenya
The question of African retail scaling is one of when, rather than if, and who are the People that will drive that process.
Ade Sun-Bashorun - CEO, FoodCo Nigeria Ltd
Africa free trade is a welcome development as retailers employ over 60% of the working population in West Africa. Africa free trade will be great if we optimize it, but it can be bad if we do not leverage on it.
Post pandemic growth in south Africa market is visible in the retail market contrary to the media projections, therefore, retailers are facing capacity issues- . There are many supply chain issues but the right process with the right talent can ensure success. If you win the back end, then you will win the front end.
One of the biggest issues experienced is the changing demand of Customer needs. It is not how we do it, but it is how it is meant to be done. The bigger question is; how will retail look like in the next 15 years?