Walmart, the world’s largest retailer, has announced plans to open its first stores in Africa before the close of 2025. The move marks a historic expansion for the U.S. retail giant, which has long sought a direct presence on the continent beyond its existing investment in South Africa’s Massmart.
According to company insiders, Walmart is targeting key urban markets in Nigeria, Kenya, and Ghana for its initial rollout. These markets combine large populations, expanding middle classes, and fast-growing consumer demand for modern retail experiences. The stores are expected to follow Walmart’s hypermarket format, offering groceries, clothing, and household goods at competitive prices.
Retail analysts say Walmart’s decision reflects both opportunity and risk. Africa’s retail market is estimated to be worth more than $1 trillion, but fragmented logistics, inconsistent infrastructure, and rising local competition pose significant hurdles. Nevertheless, Walmart’s global supply chain expertise and deep capital reserves could help it overcome these challenges and reshape the retail landscape.
The company’s entry is also expected to intensify competition with players such as Shoprite, Carrefour, and local supermarkets. Experts believe Walmart’s expansion could drive down prices, improve supply chain efficiency, and boost formal retail penetration, which currently accounts for less than 20 per cent of consumer spending across Africa.
For millions of African shoppers, Walmart’s arrival promises more than just lower prices. It signals global recognition of the continent’s growing consumer power — and a new era in the retail wars.