SOUTH AFRICA – Private equity specialist RMB Corvest has teamed up with Masimong Beverages Holdings to acquire Halewood International SA,…
Read MorePrivate equity firm RMB Corvest acquires stake in SA drinks maker Halewood International
Tag: Alcoholic beverages
Zambian Breweries to double beer production capacity by end of 2023 under new US$80m plan
ZAMBIA – Zambian Breweries, subsidiary of the world’s largest brewer AB InBev, is seeking to invest US$80 million over the…
Read MoreKenya Breweries elevates fine dining experience at JKIA with launch of Tembo Bar
KENYA – Kenya Breweries Limited through its flagship brand Tusker has opened a new boozer at the Jomo Kenyatta International…
Read MoreGlobal alcohol beverage market surpasses US$1T mark as demand edges closer to post-pandemic times: IWSR
GLOBAL – The global alcohol beverage market has boomeranged after many countries eased the COVID-19 restrictions and is now worth…
Read MoreBeverage maker Kenyan Originals kick starts fund raising to spearhead expansion plan
KENYA – Kenyan Originals, Craft beverages maker, has launched its crowdfunding round aiming to raise US$700,000 to boost expansion plans.…
Read MoreIndia’s single malt market booms due to acceptance of local brands
INDIA – The world’s most lucrative whisky market worth US$18.8bn (£15bn) in 2021, India is witnessing a boom in single…
Read MoreDelta Corporation reports 58% growth in full year revenue driven by volume growth in most segments
ZIMBABWE – Delta Corporation, Zimbabwe’s largest beverage company, has reported a 58% growth in revenue in inflation adjusted terms for…
Read MoreTBL partners with Vodacom to launch BanQu, digitizing procurement of raw materials from farmers
TANZANIA – Tanzania Breweries Limited (TBL), a subsidiary of AB InBev, has partnered with Vodacom Tanzania to launch BanQu, a…
Read MoreZimbabwe’s African Distillers Limited reports rise in sales volume triggered by surge in wine demand
ZIMBABWE – African Distillers Limited (Afdis), manufacture, distributor and marketer of branded wines, ciders and spirits in Zimbabwe, has reported…
Read MoreEABL to offer intimate customer experience, drive innovation with new US$8.5m microbrewery
KENYA – In a bid to fuel its next 100 years of growth, East African Breweries PLC (EABL), has broken…
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