LATEST NEWS
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Diageo to expand tequila production capacity with US$500m investment in new facilities in Mexico
MEXICO – British multinational brewing company Diageo is investing about US$500 million in expanding its tequila production in Mexico amid surging demand for the Mexican alcoholic drink. According to…
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AmBev steps closer to 2025 sustainability goal with launch of first carbon neutral brewery in Brazil
BRAZIL – AmBev, Brazil’s largest brewing company and part of global brewer AB InBev, has unveiled its first brewing and malting facility in Brazil. Located in…
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Burger King South Africa registers improvement in loss on back of higher turnover
SOUTH AFRICA – Grand Parade Investments (GPI), the master franchise holder for Burger King in South Africa has showcased stellar performance in its full year…
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Angola seeks to build agro-biofuels sector, SA sugar industry seeks to venture into energy production
SOUTHERN AFRICA – The government of Angola has signed a Memorandum of Understanding (MoU) with Angola’s National Oil, Gas and Biofuel’s Agency (ANPG); Sonangol, the…
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Ocado invests in autonomous driving, Instacart expands e-commerce capabilities with acquisition of FoodStorm
UK – UK-based grocery solutions and logistics business Ocado has invested £10 million ($13.6 million) in self-driving technology startup Wayve to spur the development of autonomous…