2024 Africa Retail Awards

Rewarding Excellence in the Retail Sector

The 2024 Africa Retail Awards celebrates and elevates the most exceptional businesses reshaping and leading the retail industry across the continent. Our awards programme is deeply committed to recognising the social and business contributions of retail organisations in Africa.

Award Criteria:

To be eligible for the prestigious Africa Retail Awards, your business must meet the following criteria:
  • Annual Turnover: Your business should have an annual turnover of at least $15,000
  • Operational Experience: At least five years in active operation.
  • Legal Status: Official registration as a legal entity in the country of operation.
  • Workforce: A minimum workforce of 20 employees.
  • Industry Engagement: Active involvement in the retail sector.



Award Categories:


  • Most Innovative Retail Organisation
    This award recognises retail organisations in Africa that have demonstrated exceptional innovation in their business operations, significantly impacting their business processes.
    Award Criteria
    • Ingenious and creative strategies to drive sales growth.
    • Novel business development approaches.
    • Innovative applications of technology that set you apart from the competition.
    • Recent innovations and their demonstrable impact over the past year.



  • Best Retail Organisation in Omnichannel trade: Seamless Integration of Online and Offline Retail Formats.
    This award recognises the achievements of organisations that seamlessly bridge the gap between online and offline retail, creating an enriching customer experience.
    Award Criteria
    • User-friendly and inclusive web platform design.
    • Exceptional in-store experience with superior customer service.
    • Technological advancements that enhance the in-store shopping journey.
    • Harmonious synergies between online and offline channels for unparalleled customer satisfaction.



  • Most Sustainable Retail Organisation: Sustainable and Ethical Business Practices.
    This award is the market-leading recognition for sustainability and responsible business practices in retail.
    Award Criteria
    • Holistic integration of ESG principles across all business operations.
    • Ensures transparency, fair labour, and sustainable sourcing.
    • Implements cutting-edge practices to reduce environmental impact.
    • Engages stakeholders and reports openly on sustainability efforts.
    • Positively influences local and global communities through responsible initiatives.



  • Award for Differentiation in Retail.
    This award allows organisations to showcase their unique contributions to the retail industry.
    Award Criteria
    • Unrivalled originality and product superiority.
    • Scalability of innovative solutions to reach broader markets.
    • Strategic advertising and promotional initiatives that leave an indelible mark.
    • Innovative revenue-generating ventures that directly enhance operational income.



  • Best Retail Organisation for Range Excellence.
    This award celebrates retailers with an impressive range of products that contribute to business growth.
    Award Criteria
    • Wide variety of products catering to different customer needs and preferences.
    • Introduction of new and trending products that meet market demands.
    • High-quality products sourced responsibly and sustainably.
    • Range tailored to customer needs with positive feedback and reviews.



  • Best Retail Organisation in Logistics Mastery
    TThis award recognises excellence in logistics, demonstrating a direct link between logistics activities and quantified business sales results.
    Award Criteria
    • Unparalleled excellence in developing and managing distribution networks and storage facilities.
    • Utilisation of cutting-edge technology to ensure seamless supply chain operations.
    • Pristine package handling, care, and lightning-fast delivery.

Why Participate? Participating in the Africa Retail Awards offers your business an exclusive opportunity to gain unparalleled recognition, stimulate innovation, and assert yourself as a leader in Retail. Join us as we honour the visionaries, the trailblazers, and the luminaries of African retail.

Date: Saturday, November 9, 2024
Time: 9AM (WAT)
Venue: Lagos Business School, Km 22, Lekki-Epe Expressway, Lagos

At the Africa Retail Awards, we are unwaveringly devoted to recognising and celebrating excellence within the retail sector. Our awards serve as a resounding testament to the dedication, ingenuity, and unwavering commitment of businesses that continue to redefine and reshape Africa's retail landscape.


Contact Us: For inquiries or to receive guidance with your submission, reach out to our team. Email or call us
Oluwatomilola Mustapha (omustapha@lbs.edu.ng, 0813-096-7129), Afolabi Oyewunmi (aoyewunmi@lbs.edu.ng, 0805-327-7706).