Artcaffé Group, a vibrant chain of Kenyan restaurants and bakeries opened its third location in Nairobi Central Business District.
The lifestyle and a social hub new restaurant will be in Chester House, along Kimathi Street which has emerged as one of the busiest within the capital.
The restaurant serves freshly baked artisanal bread and pastries. It also brews real Kenyan coffee, craft signature cocktails and leads the way in ‘modern casual dining in Kenya’.
“Each part of the city has its own unique demographic and our restaurants reflect this through their own style, premium offers, and events calendars,” reads its website.
The Artcaffe Group is owned by US private equity firm Emerging Capital Partners (ECP) who acquired a majority stake in the group in 2018 for Kshs 3.5 billion, an acquisition which also gave it control over Artcaffe’s business that consists of bakeries, coffee houses, and, eatery brands such as Dormans, Tapas Ceviche Bar, Urban Gourmet, and, Oh Cha Noodle Bar.
“The continued expansion by the retailer in Nairobi despite the COVID-19 pandemic which has especially slowed down operations in the foodservice sector signals investor confidence in Kenya’s fast food retail sector which is among the fastest-growing industries in the country driven by the growth of Kenya’s middle class and changes in household consumer behaviours,” comments Cytonn Investments in a weekly update.
Other restaurant chains battling for the vibrant Nairobi’s population keen to savour the city’s cuisine include Kilimanjaro, Java House, Café Espresso, Café Arabika, Dominos, Subway, and, Café Deli.
“In our opinion, Nairobi presents a viable opportunity for the fast-food industry as it hosts high to middle-income earners with high purchasing power, which will sustain demand from the restaurant’s target market,” adds Cytonn adding that “The continued expansion of Artcaffe and other restaurants such as Java in Nairobi is also expected to result in increased uptake of retail real estate developments thus improving the overall performance of the sector.”