Executive Interview: Bharat Shah – Founder/Chairman, Kenafric Industries Ltd

Kenafric Industries is Eastern Africa’s largest confectionery manufacturer. With a changing business landscape, the company has ventured into the general food side, with intentions to grow further in Kenya and the regional markets. The formerly family-owned company in 2017 sold a 40% stake in their packaged foods business to private equity funds Amethis Finance and Metier, while a younger generation are gradually taking over the day to day running of the business. Bharat Shah had an extensive discussion with Francis Juma about the giant’s start, growth and future. Kenafric Industries…

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Kenafric Industries opens US$1m biscuit plant in Nairobi

KENYA – Beverages and food company Kenafric Industries has opened a Sh100.7 million ($1 million) biscuit manufacturing line at its Baba Dogo factory. The company has already hit the market with Goodie Bakers brand of biscuits, distributing it among small shops, supermarkets and kiosks in the country. “We have invested in new machinery for the biscuit manufacturing. We bought equipment that produces about 20 tonnes a day and we have also expanded our warehousing,” said Kenafric Industries chief executive Mikul Shah in an interview. The company is currently using about…

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