Restaurant chain Artcaffé recently opened its 34th and 35th locations in Nairobi’s Central Business District (CBD) and is planning two more. One of its recent openings is a “flagship” location in Westminster House, overlooking Kenyatta Avenue. As well as providing “a full-service casual dining experience,” this outlet includes a bakery, coffee shop and cocktail bar.
20th November 2019
Family-owned Quickmart opened its tenth outlet (and the first to open 24 hours a day) in Valley Arcade in the affluent Nairobi suburb of Lavington during January. “This area is populated by high-income shoppers who require the flexibility of shopping at any time,” Betty Wamaitha, head of marketing at Quickmart, told local media. The store
11th February 2019
Debt-laden Kenyan supermarket chain Nakumatt has exited the country’s second-largest city, forced out of its last branch in Mombasa after accumulating rent arrears of KES107 million (USD209,000) over 21 months. Earlier this year, it closed its other store in the city. Having once operates 64 supermarkets across three countries, Nakumatt now has a mere six
5th September 2018
The rapid adoption of mobile money has been the signature trend of the Kenyan financial-services market over the past decade. Most consumers now use mobile payments, while less than half have a debit card. Sagaci Research´s new report, ‘How do Kenyans Bank?’ which is based on findings from 1,000 face-to-face interviews, provides data on brand awareness
18th May 2018
Driven by local consumption and an influx of capital, shopping malls in Africa are experimenting continuous growth. However, there is a lack of data on performance, which can create uncertainties for expansion plans. In order to bridge this information gap, we have created SagaRetail, a competitive intelligence tool benchmarking trade density across shopping malls in Africa.
23rd December 2017
This is the first edition of a publication, part of our Consumer Profiles series, that provides a detailed description of the consumption behavior of households in urban Kenya, across the different income brackets, as well as key demographic data. It offers statistics and analyses on key topics including income and expenditures, equipment ownership and assets, savings
17th June 2013