Coca-Cola to invest $90m in Kenya

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CocaCola

Soft drinks maker, Coca-Cola, says it plans to invest up to 90 million dollars in Kenya over three years through 2018 to increase its product range in the region.

In a statement in Nairobi, the company said the wider range of soft drinks in the country would begin in 2018 but did not give details of the range of products

Coca-Cola, which is the leader in the Kenyan soda market with brands like Coke and Fanta, said it had invested a total of 17 billion dollars in Africa since 2014.

According to the company, the amount doubles what was invested in the continent a decade before.

The group, however, faces growing competition in Kenya from other soft drinks producers like SABmiller and PepsiCo.

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