Accueil » WAL-MART TAKES ITS TIME FOR ITS AFRICAN FORAY WAL-MART TAKES ITS TIME FOR ITS AFRICAN FORAY Through . Published on 18 April 2017 à 20h04 - Update on 10 May 2019 à 17h54 Resources When Wal-Mart invested US$2.4 billion for a majority stake in the South African retailer Massmart in 2011, global experts and analysts heavily promoted the potential of Africa’s fast growing middle class. However, in the fiscal year to December 2016,…