12 °c
London
Tuesday, February 7, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Press Release:Cochan Group Company opens the largest shopping centre in Angola

FurtherAfrica by FurtherAfrica
April 12, 2017
in Africa, Angola, Economy, Real Estate, Retail
Reading Time: 2 mins read
1.1k 46
0
Press Release:Cochan Group Company opens the largest shopping centre in Angola

Xyami Shopping Kilamba

Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail
  • Xyami Shopping Kilamba constitutes an investment of over USD 60 million and the creation of 1,000 direct jobs and 1,500 indirect jobs.
  • Xyami Shopping Kilamba has a gross lettable area of 27,000 m2, 65 shops and an outdoor car park with 1,100 spaces.
  • The investment represents Cochan Group’s commitment to retail and real estate development in Angola.

Luanda, April 11th 2017 – Zahara Imobiliária, a company belonging to the Zahara Group, of which Cochan is the main shareholder, just opened Xyami Shopping Kilamba. This is the brand’s fifth asset, and it reinforces their leadership in the promotion and management of shopping centres and cinemas in Angola.

With a gross lettable area of 27,000 m2, 65 shops and an outdoor car park with 1,100 spaces, Xyami Shopping Kilamba will be the largest shopping centre in Angola.

The project constitutes an investment of over USD 60 billion and will create 1,000 direct jobs and 1,500 indirect jobs.

Speaking about the inauguration of this project, the CEO of Cochan Group, Mário Lourenço, states: “Cochan is proud to be part of this ambitious and innovative investment, which will respond to the needs of the Angolan people, particularly those belonging to the demanding middle class that is emerging, and contribute to the development and modernisation of Angola.”

“Zahara Group’s activity is essential for Cochan’s strategy of positive investment in customers, employees, suppliers, partners and the communities in which it operates,” he adds.

At Xyami Shopping Kilamba, shoppers will be able to find international brands such as Cortefiel, Springfield, Women’secret, Swatch and Adidas. The brands of Worten, a Portuguese leader in the areas of household appliances, consumer electronics and entertainment, and Sport Zone, a brand that offers everything sport-related, will open in Angola at Xyami Shopping Kilamba.

The project involved a 15 million USD renovation of the Kero hypermarket, Kero being the largest retail chain in Angola, and includes six Cinemax movie theatres with the capacity to seat 1,000 people, the latest Dolby surround sound technology and digital imaging with 3D projection.

About Cochan Group
Cochan is one of the largest business groups in Angola. Founded in 2009 by entrepreneur Leopoldino Fragoso do Nascimento, it manages a diversified investment portfolio in the areas of agro-industry, distribution, energy, real estate, transportation and logistics. It aims to contribute to the diversification of the Angolan economy through a policy of positive investment and successful business growth, based on a sustainable and responsible approach. Its business activities employ more than 10,000 people.

About Zahara Group
Zahara Group, which is 100% Angolan, is involved in various business areas such as hypermarkets (Zahara Comércio), supermarkets (Nosso Super), distribution, logistics, agriculture, services (Polida, Kuida, Protech, Muv), real estate (Xyami and Cinemax) and industry (Pangolé). It currently has 10,000 direct employees and a turnover of more than 150 billion Angolan kwanzas.

 

Related

Tags: AngolaCochan Grouphopping centreLuandaMário LourençoXyami Shopping KilambaZahara GroupZahara Imobiliáriaアンゴラ安哥拉
ScanSendShare464Tweet290Share81Pin104Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

US brings partnership opportunity delegation to Ethiopia
Agriculture

US launches climate resilience programme for Africa agriculture

by Farmers Review Africa
February 7, 2023
Tech

Metaverse in Healthcare: Redefining Africa’s medical sector

by Web3Africa
February 7, 2023
Energy

Towards Africa’s US$1.5 Trillion green hydrogen economy

by Energy Capital & Power
February 6, 2023
Fintech

Morocco’s rocky crypto journey

by Web3Africa
February 6, 2023
The Forbes Billionaires’ list: Africa’s richest people 2022
Private Equity

Adenia Capital (V) gets 75% of its target size at first close

by Africa Global Funds
February 6, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

US brings partnership opportunity delegation to Ethiopia
Agriculture

US launches climate resilience programme for Africa agriculture

by Farmers Review Africa
February 7, 2023
0

The U.S. Department of State, Office of the Special Envoy for Global Food Security, in partnership with the African Union...

Read more

Metaverse in Healthcare: Redefining Africa’s medical sector

February 7, 2023

Towards Africa’s US$1.5 Trillion green hydrogen economy

February 6, 2023

Morocco’s rocky crypto journey

February 6, 2023
The Forbes Billionaires’ list: Africa’s richest people 2022

Adenia Capital (V) gets 75% of its target size at first close

February 6, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 100,773 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
 

Loading Comments...