Africa’s retail sector is evolving rapidly, driven by locally founded companies transforming urban landscapes and modern shopping experiences.
These developers combine scale, innovation, and local insight to meet growing demand. Here are top 5 companies shaping retail space development in Africa:
— WestProp Holdings (Zimbabwe)
Founded by Kenneth Sharpe in 2007, WestProp is known for large-scale projects like Pomona City, offering premium retail hubs and lifestyle communities that boost economic activity in Harare.
— Akright Projects Limited (Uganda)
Founded by Anatoli Kamugisha, Akright develops integrated residential and retail communities, including Akright Kakungulu Housing Estate, addressing urbanization and enhancing local living spaces.
— Tirupati Development Uganda Limited (Uganda)
Founded by Harshad Barot, Tirupati has delivered retail and mixed-use projects like Mazima Shopping Malls, creating commercial hubs that combine retail, office, and leisure spaces.
— New Africa Developments (South Africa)
Founded by Japie van Niekerk, New Africa focuses on shopping centers, particularly in underserved areas, providing practical, cost-effective, and community-focused retail developments.
— Lordship Africa (Kenya)
Lordship Africa specializes in acquiring, designing, and developing high-quality retail spaces that meet evolving consumer needs and deliver strong economic value.
These five companies represent the forefront of African-led retail development. Their projects are redefining urban spaces, creating vibrant commercial hubs, and shaping the future of shopping experiences across the continent.
This ranking was based on operational scale, impact on urban development, innovation in retail design, and sustainability. Data was drawn from company announcements, industry reports, and media features as of August 2025.
Image Credit: Atterbury
