Dunkin' Brands, the parent company of Dunkin' Donuts and Baskin-Robbins, has signed a master franchise agreement with Grand Parade Investments Limited (GPI) to begin developing Dunkin' Donuts and Baskin-Robbins restaurants in South Africa. The agreement remains subject to GPI's receipt of approval from the Financial Surveillance Department of the South Africa Reserve Bank.

Under the agreement, GPI will develop more than 250 Dunkin' Donuts restaurants and more than 70 Baskin-Robbins shops in South Africa over the coming years, with an initial focus on Cape Town and Johannesburg. The agreement also calls for the introduction of Baskin-Robbins ice cream products to supermarket chains and convenience stores in South Africa over the next several years.

"As we continue our global expansion of Dunkin' Donuts and Baskin-Robbins, we are delighted to work with GPI to bring both brands to South Africa," said Bill Mitchell, president, Dunkin' Brands International. "GPI has a wealth of experience in the local restaurant and retail industry, and a strong focus on operational excellence. We look forward to supporting GPI in their efforts to make Dunkin' Donuts and Baskin-Robbins available to a growing number of customers in South Africa in the years ahead."

Dunkin' Donuts is one of the world's leading coffee and bakery chains, with more than 11,500 restaurants in 40 countries worldwide. Dunkin' Donuts restaurants in South Africa will feature the brand's wide range of high-quality hot and iced coffees, lattes, espresso, cappuccino, teas, Coolatta frozen drinks, sandwiches, bagels, and donuts, all served fast in friendly, convenient locations and at a great value. The brand will also offer regional menu items to cater to local tastes.