Beverages
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East African Breweries announces oversubscription of medium-term bonds raising US$341m
KENYA – East African Breweries Plc has raised Ksh 37.9 billion (US$341m) in the recently issued corporate bond under the Domestic Medium-Term Note (MTN) programme.…
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Finlays invests in new coffee extraction facility in UK to support new coffee drinking trends
UK – Independent B2B supplier of tea, coffee, and botanical solutions, Finlays is investing in a new coffee extraction facility in Nothern England to support…
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Distell introduces vegan variant for cream liqueur brand Amarula
SOUTH AFRICA – South African cream liqueur brand Amarula has launched a vegan variant to serve the growing proportion of consumers that are adopting plant-based…
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Coca-Cola rolls out new transparent Sprite bottle in Tanzania to promote plastic waste recycling
TANZANIA – Coca-Cola Kwanza, Tanzanian subsidiary of Coca-Cola Beverages Africa (CCBA), has officially unveiled the new look of its leading sparkling lemon-lime flavoured soft drink,…
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Vita Coco attracts US$20M investment ahead of planned IPO
US – Coconut water brand Vita Coco has attracted a US$20 million investment from an entity affiliated with Keurig Dr Pepper. The investment was…