AB InBev to build new brewery in Mozambique, Nigerian brewery to open this month

MOZAMBIQUE- Anheuser-Busch InBev (AB InBev), the world’s largest brewing company has said it is investing in a new brewery in Maputo, Mozambique whose construction is set to start second-half of 2019. While the sum of the transaction was not disclosed, the Belgian based brewer said the new facility will have a capacity of 2-million hectoliters…

Coca-Cola Beverages SA appoints Flora Jika as new logistics director

SOUTH AFRICA - Coca-Cola Beverages South Africa (CCBSA) has appointed Flora Jika as the new logistics director after working with the company for almost ten years, Business Day has reported. Jika, a holder of master’s degree in industrial engineering from Wits University, joined CCBSA in 2008 after a four-year stint at Anglo American’s Witbank coalfields.…

Stratus Group Beverage releases new range of kombucha drinks for US market

USA - US-based Stratus Group Beverage has released a new line of organic kombucha drinks for the US market, made exclusively with organic and non-GMO ingredients and feature a blend of fermented tea and a range of fruit flavours. According to FoodBev, KÖE Organic Kombucha range has five flavours initially available: Lemon ginger, mango, raspberry…

Keurig Dr Pepper Inc. reports second quarter 2018 results for Keurig Green Mountain and Dr Pepper Snapple Group

USA - Keurig Dr Pepper Inc., a leading producer and distributor of hot and cold beverages, has reported second quarter 2018 results for Keurig Green Mountain and Dr Pepper Snapple Group for the period ending June 30, 2018. According to the Keurig Dr Pepper, it had filed a Form 8-K/A with the U.S. Securities and Exchange…

Clover shares grow on expected increase in headline earnings

SOUTH AFRICA - The branded foods and beverages group, Clover Industries said it expects its headline earnings a share to increase by between 207.13% and 227.13% for the year to June, IOL reports. Following the announcement, its share price jumped by 2.14 % to $1.36 a share, from the previous price of $1.33. The release…

Diageo Ethiopia launches code system to spot counterfeit whisky

ETHIOPIA - Diageo Ethiopia, the owner of Meta Abo Brewery has launched a QR code system, an application that allows consumers to identify counterfeit whisky as well as authorized importers and distributors of the products, Addis Fortune has reported. Introduced by Diageo International, the parent company three years ago, the system enables consumers to scan…

Diageo invests in a new Guinness brewery in Maryland, USA

USA – Diageo, a British multinational alcoholic beverages company, has invested in a new Guinness brewery outside of Baltimore, Maryland which represents the first Guinness brewing operation on U.S. soil in more than 60 years. According to Guinness, the brewery will attract more than 300,000 visitors in its first year of operation. In addition to…

AB InBev launches 100+ accelerator to fund and support local entrepreneurs

BELGIUM - Anheuser-Busch InBev, a multinational beverage and brewing holdings company, has launched the 100+ Accelerator with the aim of mobilizing the world’s brightest minds to solve some of the most pressing global sustainability issues. According to AB InBev, it invites academics, entrepreneurs, scientists and technologists to apply the 100+ accelerator, as it looks for…

Recycling alliance partners with Lagos state on plastic waste clean-up and recycling

NIGERIA - The Food and Beverage Recycling Alliance (FBRA) has signed a three-year memorandum of understanding with the Lagos State government to clean-up the state’s inland waterways of plastic and plastic and eventually initiate recycling of the same. A statement released by the group said that the initiative seeks to prevent plastic waste and other…

Indra Nooyi steps down as PepsiCo CEO, Ramon Laguarta steps into role

USA – Leading food and beverages company PepsiCo Inc. has announced that its Board of Directors has unanimously elected Ramon Laguarta as new chief executive (CEO) effective 3 October, succeeding Indra K. Nooyi who will be stepping down from the role. After 24 years with the company, the last twelve years as CEO, the company said…