Zimbabwe’s largest fast-food restaurant operator, Simbisa Brands, that also operates in Kenya is planning a secondary listing at the London Stock Exchange (LSE) junior market to raise capital for expansion and potential foreign acquisition.
The Africa-focused fast-foods business — which operates quick service restaurant chain in Kenya including Chicken Inn, Pizza Inn, Bakers Inn and Creamy Inn — said it has set sights on expanding in African markets, including Kenya to take on international brands like American McDonald’s.