Cosmetic Giant L’Oreal Acquires Kenyan Interconsumer Products

There’s been a lot of debate about the pros and cons of American and European companies acquiring and operating businesses on the continent of Africa. As of late, cosmetics giant L’Oreal joins the ranks by acquiring Kenyan Interconsumer Products. Will L’Oreal provide better access, development, and growth for Kenyans or will this acquisition undermine the growth of local East African businesses? Stay tuned. Read more Here.

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