LATEST NEWS
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Fazer signs MoU with Reliance Consumer Products to explore premium chocolate partnership in India
Fazer and Reliance Consumer Products sign an MoU to explore producing and distributing premium chocolates in India, targeting growth in one of the world’s fastest-growing confectionery markets.
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COCOBOD disburses US$364M to pay cocoa farmers as sector reforms take shape
COCOBOD releases GH¢4.2 billion to Licensed Buying Companies to settle cocoa farmer arrears as Ghana implements reforms aimed at restoring liquidity and confidence in the cocoa sector.
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China Resources Beer forecasts up to 39% profit drop after Baijiu impairment charge
China Resources Beer expects a sharp profit decline in 2025 after a major impairment linked to its baijiu investment, highlighting weaker demand in China’s premium spirits market.
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IndoBevs to invest US$24M in new malt distillery in Uttar Pradesh to expand premium whisky production
IndoBevs plans a $24 million malt distillery in Uttar Pradesh as it expands premium whisky production capacity and strengthens its long-term strategy in India’s growing spirits market.
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EABL appoints Justin Mollel as Chief Financial Officer
East African Breweries names Justin Mollel as CFO and Anne Joy Michira as marketing director as the brewer prepares for ownership changes linked to Diageo’s planned stake sale.