American multinational beverage corporation Coca-Cola has put forward plans to invest in Kenya as they aim to boost product range.
According to reports, the company plans on investing $90 million over the course of three years.
Coca-Cola is the leading soda provider in Kenya (its largest economy in the region) and is well known for its soft drinks like Fanta and Coke.
On Tuesday, the company announced that they would be investing the $90 million (SH2.7 billion) over three years through 2018.
“It brings the total investment by The Coca-Cola Company in Kenya, between 2016 and 2018, to $90 million,” Coca-Cola said in a statement.
The investment will see many more soft drinks introduced to the Kenyan market at a time when the company faces competition from SADmiller and PepsiCo.
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