We see a number of sectors within Kenya’s wider food and drink industry growing strongly over the next few years. Kenya’s food and drink industry is East Africa’s most well developed, and over the coming years we see investment into higher-end segments such as premium-chain coffee shops increasing quite strongly. While Kenya’s beer industry is not as competitive as either Tanzania’s or Uganda’s, owing to the longstanding dominance of East Africa Breweries Limited (which produces Tusker lager) its organised food retailing sector is currently in a different league from these markets. Tellingly, South African food retailers such as Shoprite and …
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