| Published Tue, October 24th 2017 at 11:43, Updated October 24th 2017 at 15:24 GMT +3Coca-Cola Company plans to invest up to Sh 9b ($90 million) in Kenya over the three years through 2018 to increase its product range in the region’s biggest economy, the soft drinks maker said on Tuesday. Coca-Cola, which is the leader in the Kenyan soda market with brands like Coke and Fanta, has committed to invest $17 billion in Africa as a whole since 2014, double what was invested in the continent a decade before, the company said. The group, which faces growing competition in Kenya from other soft drinks producers like SABmiller and PepsiCo , said on Tuesday it will produce a wider range of soft drinks in the country from 2018 but 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.

Source: Standard Digital October 24, 2017 09:00 UTC