A display of Coca Cola products. [PHOTO/Trade Fan]
Coca-Cola Company is planning to invest up to $90 million (Sh9b) in Kenya in the next three years.
The company will be doing this to increase its product range East Africa's biggest economy.
The Kenya leader in soda market has committed to invest $17 billion in the African market as a whole since 2014, a double of what was previously invested in the continent ten years before.
Coca Cola is facing growing competition in Kenya from other soft drink producers like PepsiCo and SABmiller.
In a Tuesday statement, the company said it will produce a wider range of soft drinks from 2018 though they did not give details.
“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.