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Coming Soon to Ethiopia: Heineken and KFC?
Coming Soon to Ethiopia: Heineken and KFC?
http://rack.3.mshcdn.com/media/ZgkyM...ian-market.jpghttp://rack.3.mshcdn.com/assets/feed...013aed8d66.jpghttp://rack.1.mshcdn.com/assets/feed...3b7fd07c38.jpg Ethiopia is a largely agricultural nation of 94 million people that endures frequent droughts and famine, with a per capita income of just over $100 per month. Is it ready for Heineken beer and KFC chicken outlets? The companies behind these global brands think it may be. Amsterdam-based Heineken is scheduled to open a $127 million brewery in mid-2014 on the outskirts of the capital, Addis Ababa. Unilever, the British-Dutch consumer-products giant, an**unced plans this month to open a factory near Addis Ababa that's expected to produce detergents such as Omo. Louisville-based Yum! Brands Inc., which owns KFC, is also considering a move into Ethiopia. Read more... More about Market, Eco**my, Kfc, Heineken, and Africahttp://feeds.feedburner.com/~r/Mashable/~4/sdYxSXotiPk |
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