Carrefour enters Nigerian market through franchise partnership with Hyper City

Carrefour International partnered with Hyper City Retail to establish and operate Carrefour-branded retail outlets in Nigeria as part of its African expansion strategy.

The transaction forms part of Carrefour’s broader African expansion strategy, executed through franchise arrangements with local operators to accelerate market entry and scale.

Under the partnership, HyperCity will lead the rollout and operation of Carrefour outlets in Nigeria, including the conversion of existing stores and the development of new retail locations. The initial phase of the collaboration is expected to include multiple outlets, with operations commencing in key urban centres and plans for further expansion across the country.

The partnership is evidence of Nigeria’s growing attractiveness as a destination for international retail investment, driven by its large consumer base and increasing demand for modern retail infrastructure.

Advisory Team:

Olaniwun Ajayi LP