2 years ago

DPI Invests $165 Million in Egyptian Discount Retailer Kazyon

  • Development Partners International (DPI), an Africa-focused private investment firm, has invested $165 million in Kazyon Ltd., a discount retailer in Egypt

  • The investment will be used to open new stores and expand into new markets

  • Kazyon is planning to leverage DPI's expertise in ESG (Environmental, social and governance) to accelerate its expansion strategy and set new ESG action plans for its future growth

  • Kazyon currently operates over 600 stores in 18 governorates across Egypt.

      • ProblemRetail

      "The problem Kazyon Ltd. is trying to solve is providing affordable basic food commodities to the masses in Egypt and potentially expanding to other countries."

      Solution

      "Kazyon is offering a solution by operating over 600 stores in 18 governorates across Egypt, selling basic food commodities at affordable prices."

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