Heineken lays foundation stone for new Mozambique brewery

MOZAMBIQUE – The World’s number 2 brewery Heineken has laid the foundation stone to set up its first brewery in Mozambique, as it boosts its investments in Africa and other developing economies to cushion stagnant or slow growth in developed economies. This new brewery, valued at US$100 million is located in the province of Maputo,…

Heineken to double beer production in Ivory Coast to meet greater thirst

IVORY COAST - Heineken said it aims to double its beer production in Ivory Coast by next year as it bids to compete with French company Castel in a booming market. Beer consumption in Africa’s fastest growing economy has increased since the end of a decade-long political crisis in 2011, and Castel dominates sales with…

Heineken unveils its first Africa inspired fashion collection

NIGERIA - Global beer brand Heineken has launched its first Africa inspired fashion collection, in collaboration with Africa’s emerging design talent, Lulu Mutuli and Azra Walji. The collections were unveiled on the catwalk of the closing show at Lagos Fashion and Design Week. It is an initiative in Heineken’s ‘Open Design Explorations’, which is global…

Emerging markets drive Heineken’s growth in third quarter results

HOLLAND – Leading Dutch brewing giant Heineken has reported a 2.5% growth in beer volume in the latest quarter, with growth in emerging markets offsetting lower volume in Europe. According to the update, the Asia Pacific, Americas and Africa, Middle East & Eastern Europe were important drivers to the growth of the company’s volume, with…

Efficiencies lifts Nigerian Breweries nine-month results

NIGERIA - Nigerian Breweries Plc (“NB”), the country’s largest brewer said on Thursday that sales for the nine-months to September ending grew 14% to N255bn ($700m). In the same period in 2016, the firm recorded revenue of N223bn ($614m). The company which is a unit of Amsterdam-based Heineken N.V. said that changing market dynamics resulted…

Heineken plans to sell off production facility in Russia

RUSSIA - Heineken, the world’s third-largest brewer, has announced its plans to sell its production site in Kaliningrad, Russia for US$4.3 million. According to Reuters, the Dutch company had already halted production at the Kaliningrad plant in January, citing a steady decline in Russia’s beer market due to the tightening of the regulation and recession.…

Heineken launches new H41 beer with new yeast found in nature

NETHERLANDS - Heineken has launched a new series of wild lagers named H41, beer made with yeast that has been identified as one of the parents of lager yeast, found in nature. According to Willem van Waesberghe, Heineken's global brew-master, many strains of yeast are used to make beer and fall into three categories; ale,lager…