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.
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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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