AFRICA – Coca-Cola plc, one of the biggest non-alcoholic beverage companies in the world, has pledged to invest $5 billion in Africa over the next six years.
ETHIOPIA – The Assela Malt Factory, the main supplier of malt for breweries in Ethiopia, is suspending production until the middle September when barley ordered from Denmark is expected to be delivered.
SOUTH AFRICA – Brandy drinkers who consider themselves connoisseurs will have something to cheer about, as new rules may mean an improvement in the quality of premium brandy.
KENYA – The impact of the drop in Senator Keg sales is now set to be felt by farmers in Western and Eastern Kenya who have since 2008 been supplying EABL with the cheap grain.
KENYA – East African Breweries might stop producing Senator Keg if the Government does not withdraw excise tax on the low-cost drink.
NIGERIA – American foremost beer brand, Bacardi Breezer has joined other international brands that are leveraging Nigeria’s large market as a hub to expand their footprint into Africa.
NIGERIA – As Nigerian elites develop increasing taste for alcoholic beverages, more foreign alcohol brands are eyeing the market valued at $2.84 billion, according to an International Wine and Spirit Research (IWSR) report.
ETHIOPIA – The Competition & Consumers Protection Authority is threatening a product boycott if the beverages industry does not return to old prices.
ZIMBABWE – Production of barley is set to decline to 3 000 hectares from 8 000 hectares due to piling up of stocks, the United States Food and Agriculture Organisation (USDA) has projected.
UGANDA – Beer industry players are seeking to invest in local raw materials in the manufacturing of products in an attempt to lure the traditional brew drinkers into formal beer drinking segment.