Skip to content
Beverages – African & Middle East News
-
Nestlé Nigeria posts US$49.9M profit in nine months, driven by pricing and demand growth
Nestlé Nigeria posts strong nine-month earnings rebound as revenue and margins rise on pricing gains.
-
NACADA seizes counterfeit alcohol worth US$40.9K in major crackdown
Authorities confiscate over 500 boxes of fake spirits in a coordinated operation targeting illicit alcohol networks in Kitengela.
-
Varun Beverages expands into alcoholic drinks with Carlsberg partnership, sets up operations in Kenya
PepsiCo’s largest bottler outside the US, Varun Beverages, will enter Africa’s alcoholic beverage market and launch operations in Kenya.
-
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.
-
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.