LifeStyle of Wednesday, 12 March 2025
Source: www.ghanawebbers.com
Africa's retail sector is evolving with the rise of mega shopping malls, transforming urban landscapes and driving economic growth. Countries like South Africa, Nigeria, Kenya, and Ghana lead this revolution, attracting global brands and creating jobs. Major malls include Mall of Africa (South Africa), Two Rivers Mall (Kenya), and West Hills Mall (Ghana), serving as economic hubs for real estate, hospitality, and logistics. The growth is fueled by a rising middle class, increasing disposable income, and international brand expansion. These malls provide structured retail environments and investment opportunities, solidifying Africa’s position in the global market. As urban populations grow, the demand for premium retail experiences will continue to rise, making shopping malls key drivers of Africa's economic and commercial future.