Renowned fast-food chain McDonald’s has denied reports that it plans to open an outlet in Nairobi by mid next year.
This comes despite previously having invited investors to put in applications for a franchise in the country.
The restaurant chain’s Global Head of Corporate Affairs, Ron Christianson, refuted the claims in the media of McDonald’s entry into Kenya.
The fast-food chain was alleged to be planning to open a franchised branch at a Total fuel station on Dennis Pritt Road in Kilimani.
[caption caption=" Mcdonalds sign and the Big Mac"][/caption]
“I want to advise that there is no truth to the reports you reference. We have no plans to open in Kenya,” Mr Christianson stated.
This denial comes three years after McDonald’s invited investors to put in applications for a Kenyan franchise.
The move was seen as a strong signal of its plans to set up shop in Nairobi and expand its presence in Africa.
McDonald’s, at the time, stated that it was looking for investors who had retail experience.
It further maintained that investors had to have the “willingness to devote full time to the McDonald’s restaurant business.
[caption caption=" Mcdonalds Korea"][/caption]
About 85 percent of these restaurants are operated under the franchise model, which lasts for 20 years, a system that the fast-food chain had anticipated to roll out in Kenya.