Market News | FoodAgro Kenya 2018

Market News

  • Java Group Plan Sh1billlion Expansion Drive in East Africa; Kenya the Focus

    Posted on :Monday , 29th January 2018

    Java Group has set out on a development drive this year that will re-affirm their place as Kenya's number one chain of restaurants. This development drive will see them channel up to Sh 1 billion into their operations in East Africa. 

     
    Ken Kuguru, Chief Executive of the firm said that the firm would now open new outlets in developing towns and in urban areas in . . .

  • EABL Nabs Sh12.5 Billion Funding for Kenyan Plant

    Posted on :Monday , 29th January 2018

     Standard Bank Group have advanced a long-term loan of Sh12.5 billion (US$125 million) to East African Breweries Limited (EABL). These funds will be utilized for the purpose of develop the Senator Keg processing plant in Kisumu. 

     
    The processing plant is expected to produce 110,000 direct and indirect employments and further the  sorghum demand to 40,0. . .

  • Hyatt and Hilton to Increase Scale of Operation in Africa as Industry Booms

    Posted on :Saturday , 6th January 2018

    Two of the world’s elite multinational hospitality companies, the Hilton Worldwide Holdings and Hyatt Hotels & Resorts have announced their plans to expand their operations across the African continent. Hilton has devised a plan that will see them invest $50m in a five-year period and add 100 hotels. . .

  • McDonald's Set to Enter Kenyan Market in 2018

    Posted on :Wednesday , 20th December 2017

    McDonald's will soon be latest food brand to enter the Kenyan market with its first outlet anticipated to be in the capital city of Nairobi. This comes when numerous other global brands like Subway and Kentucky Fried Chicken (KFC) have effectively established themselves in the country. 

     
    McDonald's have decided to enter the Kenya market, at a time when a number . . .

  • Local production of Captain Morgan Rum by EABL

    Posted on :Friday , 1st December 2017

    East African Breweries Limited (EABL) has begun brewing Captain Morgan Gold at its Ruaraka distillery in Nairobi as it looks to take advantage of the developing business sector of spirits consumers. 

     
    The local brewer, which has up until now been bringing in the rum produced by its parent firm Diageo, is presently creating the top notch spirit in the 250ml bottl. . .

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