Founded in 2004 in Lubumbashi, Groupe Jambo has evolved intoone of the most respected, diversified conglomerates in DR Congo. From humble origins as a wholesale trading operation, Groupe Jambo currently operates two hypermarkets in Lubumbashi and Kolwezi, has completed 50,000 square meters of residential and commercial projects, and is in the process of developing a 7903 hectare farm.
Groupe Jambo is a firm believer in the potential of DR Congo and its people. Since 2004, Groupe Jambo has actively participated in the development of the Congolese economy through its wide range of investments into the retail, real estate, and agriculture sectors. Groupe Jambo’s ethos is to be a first mover in its respective industry and to build long-term value.
Message from the CEO
“From hypermarkets to residential complexes to farms, Groupe Jambo’s ethos is to create long-term for the Congolese people by executing projects that bring development and progress to DR Congo.”
Timeline of Key Events
Groupe Jambo is established as a wholesale trading operation in Lubumbashi
Groupe Jambo decides to pivot its strategy and move from wholesale trading to organized retail. Groupe Jambo leases its first premises in Lubumbashi selling a myriad of non-food items
Building on the success of its first retail store, Groupe Jambo decides to commence construction of its own retail store in Lubumbashi
Groupe Jambo inaugurates Jambo Mart, a five-story hypermarket in Lubumbashi and a first of its kind in DR Congo
Groupe Jambo leverages its experience of building Jambo Mart to establish a construction and real estate development division
Afrimmo successfully completes 10,000 square meters of residential and commercial projects
Groupe Jambo purchases 7,903hectares of farm land on the outskirts of Lubumbashi and subsequently launches its agriculture division—Ferme Jambo.
Afrimmo completes ‘Jasmin Lubumbashi’ project, a high-end residential complex in the heart of Lubumbashi
Groupe Jambo opens its second hypermarket in Kolwezi
Afrimmo successfully completes 60,000 square meters of residential and commercial projects
Groupe Jambo’s agriculture division, Ferme Jambo, harvests its first 300 hectares of maize
Ferme Jambo harvests 6000 tons of maize on 820 hectares of land
Jambo Mart Likasi to open by Q3 2018