The proposed acquisition moves closer to completion after South Africa’s Competition Commission recommended approval, subject to public interest commitments.
Tiger Beer 4.0 combines a lighter taste profile with modern packaging as Nigerian Breweries targets evolving consumer preferences in the premium beer segment.
IWSR forecasts continued tequila growth through 2030, with emerging markets offsetting slower US demand as premiumisation and expanding global distribution reshape the category.
The new Ikorodu manufacturing facility will produce beverages across five categories and support nationwide distribution while expanding the company’s regional footprint.
Authorities are stepping up inspections and enforcement as Senegal targets illegally produced beverage sachets posing public health and environmental risks.