Tag: AJEAST

Beverage manufacturers in Nigeria solarise processing facilities, cut on carbon emissions

Editor

NIGERIA – Nigerian beverage companies are going green with Big Bottling Company (BBC) completing the installation of a solar power plant at its factory in Ogun State, while Nigerian Breweries has officially launched its Ibadan brewery solar power system. The Big Bottling Company, producer of Big Cola, Big Orange, and other popular soft beverages in the country, has put up a 950kW solar system. The power plant set up on the company’s factory rooftop was installed by Starsight Energy, the leading African Commercial and Industrial (“C&I”) solar power provider. According…

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UK firm Duet invests US$50m for a majority stake in Ajeast Nigeria

Editor

NIGERIA – UK based private equity firm Duet Private Equity (DPEL) has invested over US$50 million in AJEAST Nigeria Ltd, a Sub-Saharan Africa subsidiary of AJE Group, a multinational beverage company. According to the group, a significant share of the investment was allocated as growth capital and will aid in expanding its presence in Nigeria. AJE Group formally launched the Company in October 2015 with a brand new, state of the art factory near Lagos, Nigeria. Over the years, it has gained a significant market share in the carbonated beverage…

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