Beverages
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BGI Ethiopia obtains go ahead from TCCPA to acquire Diageo’s Meta Abo Brewery
ETHIOPIA – BGI Ethiopia, subsidiary of the Castel Group has received the green Light from the Trade Competition and Consumer Protection Authority (TCCPA), to finalize…
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Tanzania Breweries benefits from high sales volumes, registers 6% rise in revenue
TANZANIA – Tanzania Breweries Limited (TBL), a subsidiary of AB InBev, has registered 6% rise in full year revenue in the period ended December 2022,…
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Trouble ahead for wine industry as young consumers snub the drink for spirits and hard seltzers
GLOBAL – The Wine Industry is facing a difficult time ahead as young drinkers snub the drinks for other more popular such as spirits and…
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Suntory Beverage & Food offloads Nigerian unit to Africa FMCG Distribution Ltd for US$14m
NIGERIA – Suntory Beverage & Food Limited (SBF) has announced that Suntory Beverage & Food Limited Asia Pte (SBFA), maker of Ribena and Lucozade, has…
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Australia’s US$84m food manufacturing hub to boost drinks production, exports
AUSTRALIA – An industry-led food manufacturing hub in Australia is set to boost the country’s drink production for both the local and export markets. The…