French supermarket group Carrefour has announced plans to enter the Ethiopian market through a franchise and supply partnership. The group will partner with Queens Supermarket, a subsidiary of Midroc Investment Group. Carrefour’s international partnerships CEO Patrick Lasfargues said: “We are delighted to initiate this collaboration with a leading retail player in Ethiopia. Midroc Investment Group CEO Jemal Ahmed commented: “I am very proud to announce, along with the entire Midroc team, our integration into Carrefour’s international franchise network. Last September, Carrefour officially ceased operations in Kuwait, completing its strategic withdrawal from four Middle Eastern markets over ten months.

Source: Ethiopian News January 06, 2026 10:42 UTC