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Coca-Cola To Pump Sh2 Billion Into Kenyan Market

COCA COLA
/ COURTESY
COCA COLA
/ COURTESY

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.

Read: Botswana Retailer Choppies Plans To Open 40 Stores Across Africa

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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Written by Kahawa Tungu

Email: news@kahawatungu.com

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