According to a study conducted by retail management software company, Vend, over the past year, Africa’s independent retailers enjoyed sales volumes 25% higher than the global average. Torchia says, “The African retail scene currently has a lot of energy and stores are keen to try new things. Why do you think African retailers are doing better than the global average? How many African/South African retailers does Vend work with? Vend works with 20,000 stores worldwide and process around R160 million in sales from retailers in South Africa each month.

Source: The North Africa Journal September 03, 2018 15:00 UTC