Beverages – LATEST NEWS

The IFC’s investment will help First African Company expand production, enhance food security, and strengthen Cameroon’s local agribusiness sector.

Pierre Laubies takes the helm at Lipton Teas and Infusions, bringing extensive leadership experience as the company advances sustainability initiatives.

Austria’s wine exports saw a downturn in 2024, with declines in both value and volume due to shifting global market conditions.

Diageo continues with its asset-light strategy as it exits Seychelles Breweries with an US$80 million stake sale to Phoenix Beverages.

Illycaffè’s record revenue and profit in 2024 was driven by robust international expansion and rising Horeca demand.