Kibo Capital was looking to invest in Dough Works Limited, the owner of the Pizza Hut franchise in Tanzania.
The investor requested support in validating the market opportunity for the Quick Service Restaurant (QSR) space in Tanzania. The team provided a market sizing, a competitive study and a comparison to the Kenyan QSR market.
The investment will be used to expand the Pizza Hut and KFC franchises throughout Tanzania including Dar-Es-Salaam, Arusha and Dodoma.
This engagement was executed through USAID’s East Africa Trade & Investment Hub.