This archive report was first published on 29 September 2019.
On September 29, 2019, the Competition Authority of Kenya (CAK) approved a significant deal between Vivo Energy and KFC in East Africa.
The 50:50 joint venture between Vivo, which operates under the Shell brand name, and Kuku Foods East Africa Holdings, the local franchise holder of the KFC brand, will see KFC open fast food outlets in Vivo properties in Kenya, Uganda, and Rwanda.
CAK Director General Wang'ombe Kariuki announced the approval in a notice published in the Kenya Gazette, stating, 'It is notified for general information that in exercise of the powers conferred upon the Competition Authority by section 46 (6) (a) (ii) of the Competition Act, the Competition Authority has authorised the proposed transaction as set out herein.'
Under the agreement, Vivo will manage and operate the restaurants on behalf of Kuku Foods, which will remain the local franchise holders of the KFC brand.
