Beverages – African & Middle East News

Guinness Nigeria hits N1 trillion market cap milestone, driven by strong financial recovery, improved margins, and renewed investor confidence following its return to profitability.

Stronger sales growth and reduced foreign exchange losses helped International Breweries post its first profit in seven years, signaling improved financial stability amid a steadier naira environment.

Kate Fotso moves beyond cocoa with a $28.3M brewery investment in Cameroon, signaling diversification amid declining export volumes in her flagship Telcar Cocoa business.

Heineken exits direct ownership in DR Congo’s Bralima, transferring operations to ELNA Holdings while maintaining brand presence through licensing agreements amid broader strategic restructuring.

Coca-Cola introduces Charged in Kenya, targeting young consumers with a caffeinated sparkling drink as demand for energy beverages continues to rise across the country.