Beverages
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Mondelēz posts 7.9% revenue growth in Q1 as Carlsberg celebrates a “good start to the year”
US – American multinational snack and food company Mondelēz International has reported 7.9% growth in first-quarter net revenue to US$7.24 billion, driven by organic net…
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Keroche Breweries launches Kenya’s first localy produced extra strong beer tapping niche market
KENYA – Kenya’s second largest brewer, Keroche Breweries has expanded its beer portfolio to extra strong beer category with launch of Vienna Ice Strong Lager.…
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AB InBev invests in animal-free egg protein as Diageo launches Guinness Nitro Cold Brew Coffee
US – AB InBev, through its investment arm ZX Ventures, is venturing into large scale development of sustainable, animal-free egg protein to address global food…
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Angola beverage maker Refriango invests US$10m in new returnable bottle filling line
ANGOLA – Refriango, one of Angola’s leading producers and distributers of soft beverages, energy drinks and alcoholic beverages, has invested US$10m in the installation of…
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Komari Beverages launches first hard seltzer drink Arada in Ethiopia
ETHIOPIA – Komari Beverages, a newly built US$12m alcohol manufacturing company, has introduced hard seltzer into the Ethiopian market with the launch of new liqueur…