Entrepreneurship Zone: 11 March 2025 : French fries, croissants and frozen vegetables: Gaps in Kenya’s food industry
Bulls n Bears
info at bulls.co.zw
Tue Mar 11 10:24:35 CAT 2025
<https://bullszimbabwe.com/>
Bullszimbabwe.com <http://www.bullszimbabwe.com/> Views
<mailto:info at bulls.co.zw?subject=View%20and%20Comments> & Comments
Bullish Thoughts <http://www.bulls.co.zw/blog> Twitter
<http://www.twitter.com/BullsBears2010> Facebook
<https://www.facebook.com/BullsBearsZimbabwe> LinkedIn
<http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72>
WhatsApp <https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO>
Unsubscribe <mailto:info at bulls.co.zw?subject=Unsubscribe>
Entrepreneurship Zone: 11 March 2025 : French fries, croissants and frozen
vegetables: Gaps in Kenya’s food industry
<https://www.firstcapitalbank.co.zw/>
French fries, croissants, frozen vegetables and instant mashed potatoes are
just some of the products for which Steven Carlyon, president of SimpliFine
Foods, sees potential in Kenya. Carlyon worked at McCain in the UK and later
ran an airline meal manufacturing site for Emirates in Dubai. More recently,
he held a senior role at Kenyan restaurant chain Java House. Last year he
teamed up with US-based investment company BlackIvy to launch SimpliFine in
Kenya. Jaco Maritz spoke to Carlyon about the opportunities he has
identified in Kenya’s food industry. Here is a summary of the conversation.
French fries
In March 2021, SimpliFine acquired a frozen french fries company based in
the town of Naivasha. One of the things that attracted Carlyon to the
business was that, unlike many of its competitors, it doesn’t use chemicals
to extend the life of its products. Instead, it employs vacuum-packing
technology. SimpliFine plans to further prolong the shelf life of the fries
through a recent investment in instant freezing equipment.
The business currently supplies the B2B market, including hotels, schools
and restaurants. “My three and a half years with Java House gave me an
understanding of what the market is looking for and where the opportunities
lay,” Carlyon notes.
Later this year, SimpliFine plans to launch a retail brand of frozen french
fries, an area where Carlyon sees significant growth potential. In the
supermarkets, the company will compete largely with imported brands.
SimpliFine sources its potatoes from contract farmers in the Naivasha
region. Carlyon explains it is important to work with farmers to ensure they
grow the correct size of potatoes to optimise yields for SimpliFine.
Since SimpliFine has taken over the french fries business, it has grown 50%
month on month. Carlyon believes the keys to its success are a consistent
product – something many Kenyan companies have struggled with in the past –
and an efficient temperature-controlled distribution system. In terms of
distribution, the company leverages off BlackIvy’s investment in cold-chain
logistics company BigCold.
Steven Carlyon (centre), president of SimpliFine Foods, with two staff
members.
Convenience foods
BlackIvy and SimpliFine recently also acquired the assets of Alpha Fine
Foods, maker of the Al’s Kitchen brand of food items, including samosas,
spring rolls, burger patties and meat balls. While SimpliFine will continue
to produce these products, it plans to make use of Alpha Fine’s processing
capacity – as well as its access to vegetables from the Naivasha region – to
launch a range of prepared meal accompaniments and ready-to-cook meals.
Carlyon is bullish about the potential for convenience foods in the Kenyan
market. “People have busy lifestyles and many have limited freezer space.
These single-pack meal solutions will be perfect for the growing middle
class in Kenya.”
He mentions instant mash potatoes as a meal accompaniment for which he sees
potential – especially among lower-income consumers – as it is relatively
cheap to produce and easy to store. “You just add boiling water to enjoy an
affordable meal made with local potatoes.”
Import substitution
The lack of a consistent supply of quality products has meant many hotels,
restaurants and catering companies rely on expensive imported goods. It is
estimated that last year Kenya imported $2.5 billion in food products, many
of which can be produced locally.
Hotels in Kenya are increasingly outsourcing activities such as baking
because large kitchens take up space that could be used more profitably for
beds and conference facilities.
Carlyon says Kenyan hotels import large volumes of frozen baked goods –
such as bread and croissants – from Europe and the Middle East. This is
because there are hardly any local companies producing frozen baked items of
consistent quality on a large scale.
He adds that beef and branded ice creams are imported in large volumes.
Kenyan supermarkets also stock many frozen goods – from vegetables to
pizzas and pies – that could be supplied by local businesses. Carlyon
estimates only about 5% of the products found in the frozen foods aisles of
supermarkets are domestically made.
“This shouldn’t be happening. Kenya should be self-sufficient in many of
these products and become a net exporter. The country has enviable weather.
In Europe, you cannot grow vegetables for half the year because the ground
is frozen. Here you can do it all year round; yet, we are still importing
frozen vegetables. How can that be?”
—Howwemadeitinafrica
Invest Cellphone: +263 71 944 1674 | +27 79 993 5557
Email: bulls at bullszimbabwe.com
<mailto:bulls at bullszimbabwe.com>
Website: <http://www.bullszimbabwe.com> www.bullszimbabwe.com
Blog: <http://www.bullszimbabwe.com/blog>
www.bullszimbabwe.com/blog
Twitter (X): @bullsbears2010
LinkedIn: Bulls n Bears Zimbabwe
Facebook: <http://www.facebook.com/BullsBearsZimbabwe>
www.facebook.com/BullsBearsZimbabwe
Skype: Bulls.Bears
DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of
Faith Capital (Pvt) Ltd for general information purposes only and does not
constitute an offer to sell or the solicitation of an offer to buy or
subscribe for any securities. The information contained in this report has
been compiled from sources believed to be reliable, but no representation or
warranty is made or guarantee given as to its accuracy or completeness. All
opinions expressed and recommendations made are subject to change without
notice. Securities or financial instruments mentioned herein may not be
suitable for all investors. Securities of emerging and mid-size growth
companies typically involve a higher degree of risk and more volatility than
the securities of more established companies. Neither Faith Capital nor any
other member of Bulls ‘n Bears nor any other person, accepts any liability
whatsoever for any loss howsoever arising from any use of this report or its
contents or otherwise arising in connection therewith. Recipients of this
report shall be solely responsible for making their own independent
investigation into the business, financial condition and future prospects of
any companies referred to in this report. Other Indices quoted herein are
for guideline purposes only and sourced from third parties.
(c) 2025 Web: <http://www.bullszimbabwe.com> www.bullszimbabwe.com Email:
<mailto:bulls at bullszimbabwe.com> bulls at bullszimbabwe.com Tel: +27 79 993
5557 | +263 71 944 1674
-------------- next part --------------
A non-text attachment was scrubbed...
Name: winmail.dat
Type: application/ms-tnef
Size: 351853 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20250311/909a6ea6/attachment-0001.bin>
More information about the Bulls
mailing list