WINSTON-SALEM, N.C. — Krispy Kreme Doughnut Corp. on March 8 signed a development agreement with Quality Foods Africa (Q.F.A.) to open 20 Krispy Kreme locations in Nigeria over a period of five years.
“We are thrilled to be expanding into Nigeria, and we are fortunate to be working with an exceptional group,” said Michael McGill, vice-president of international at Krispy Kreme.
Q.F.A. is an African quick-service restaurant business. Edmond Sassine, the company’s chief executive officer, said Q.F.A. is excited to be able to bring the Krispy Kreme brand to Nigeria.
“Nigeria is a huge market, and we are truly excited about bringing the world’s best donuts to one of Africa’s biggest economies,” he said.The development agreement will make Nigeria the 31st nation with a Krispy Kreme presence worldwide. Nigeria is the second African nation to open Krispy Kreme shops. Krispy Kreme made its African debut in South Africa in 2015, when the company signed a development agreement with KK Doughnuts SA (Pty) Ltd. to open 31 Krispy Kreme locations in South Africa.