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Diageo, Vodafone exit and waning UK empire in Kenya
Atsushi Katsuki (left), President and CEO of Asahi Group Holdings, and Jane Karuku, EABL Group CEO and Managing Director, meet with EABL staff following the announcement of Asahi’s acquisition of Diageo PLC’s shares in EABL.
For decades, British companies sat in the front row in Kenya’s economy, straddling key sectors such as manufacturing, energy, agriculture, banking and finance.
Recent years have not been kind to the UK firms, with their grip on the Kenyan economy being loosened by new players from China, Japan, India, South Africa and Nigeria.
