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Beverages – African & Middle East News
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International Breweries returns to profitability with US$39.17M gain after seven years of losses
International Breweries Plc posts N57 billion profit in nine months of 2025, reversing losses through revenue growth and cost efficiencies.
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Nigerian Breweries reports 48% surge in revenue in nine months of 2025
Nigerian Breweries Plc reports strong nine-month performance with a 48% revenue surge and significant profit growth despite inflationary pressures.
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South Africa lowers minimum alcohol content for spirits to 40% to align with global standards
The new amendment brings South Africa’s spirits regulations in line with international norms, easing export and import operations
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Enartis to acquire Parsec, creating global leader in smart winemaking Technologies
The merger of Enartis and Parsec aims to form a global powerhouse offering integrated, automated, and sustainable winemaking solutions.
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IKI Leads expands spirits portfolio with launch of Doncoco liquor range in Nigeria
IKI Leads introduces its new Doncoco liquor range, adding premium yet affordable options to its growing Nigerian beverage portfolio.