South Africa: Retail Foods
The South African retail food sector is sophisticated and well developed relative to other markets on the African continent. In 2016, the retail sector contributed 9 percent to overall GDP, reaching R491.60 billion (USD $38 billion) in sales. Local retailers are aggressively expanding their footprints into other African countries giving United States companies that do business with South African retailers a gateway to the rest of Sub-Saharan Africa.
