EABL, Bio Food Products and New KCC grab top sustainability honours

KENYA– East African Breweries Ltd (EABL), Bio Food Products and New KCC took first, second and third positions respectively from their initiatives on how to make their businesses more sustainable at the just concluded Africa Food Industry Excellence Awards. The event which will be remembered for its glitz, fun and networking, was the climax of…

EABL increases its stake in Tanzania’s Serengeti Breweries by 21.5%

TANZANIA - East African Breweries Limited (EABL), Diageo’s operating unit has raised its stake in Serengeti Breweries Limited (SBL) by 21.5% to build on its investment as a majority shareholder in the company. According to the Nation, the East African brewing giant has converted US$151.98 million loan into equity to the Tanzanian subsidiary that was…

EABL revenues rise 5% on higher spirits as testing begins at new Kisumu plant

KENYA – The East African Breweries Limited (EABL), a subsidiary of the British multinational Diageo Plc, has reported 4.57% increase in revenue to US$731.8 million attributed to strong sales in its spirits segment and bottled beer in Kenya and Tanzania. The brewer is now banking on increased sales of its spirits in the region and a…

EABL’s Serengeti Breweries to expand investment with focus on suppliers

TANZANIA - Serengeti Breweries Ltd (SBL), a subsidiary of the East African Breweries Ltd (EABL) has announced plans to further increase investment s in the country with a focus on bolstering its suppliers’ business capability. The move is expected to boost its growth and further create employment opportunities to Tanzanians, reports IPP media. SBL Managing…

Namibian beer brand Windhoek re-emerges in Kenya with a new partner

KENYA - One of the brands belonging to the Namibia Breweries Limited, Windhoek has returned into the Kenyan market, but this time with a new partner, Kapari Limited, a Kenyan importer and distributor of wines and spirits. Business Daily reported that the come-back came after the brewer terminated its initial distribution agreement with East Africa…

Garden City developers to spend US$540m for the EABL headquarter offices

KENYA - Developers of Garden City Mall are set to spend Sh54 billion (US$540 million) on a business park that will house the headquarter offices of beer maker EABL (East Africa Breweries Limited). The project, whose construction started yesterday, will be funded by UK private equity fund Actis. The commercial complex adjacent to its Garden…

EABL reaches out to sorghum farmers ahead of new plant opening

KENYA - East African Breweries Limited (EABL) has intensified its outreach to farmers ahead of a grant opening of a new brewing facility in Kisumu in a bid to achieve a steady supply of the grain. In addition, the East Africa's largest alcohol beverage company seeks to deepen socio-economic benefits, at the same time play…

EABL secures US$125 million loan for second Kenya plant

KENYA - East African Breweries Limited (EABL) has secured a Sh12.5 billion (US$125 million) long-term loan from Standard Bank Group to fund the ongoing construction of its Senator Keg factory in Kisumu. The completion of the factory is expected  to create 110,000 direct and indirect jobs and push sorghum demand from the current 20,000 tonnes…

EABL building Sh300m new spirits line on high demand

KENYA - East African Breweries Limited (EABL) is constructing a Sh300 million spirits line at its Ruaraka headquarters in a bid to meet the growing demand for the brand of beverages. The regional brewer’s new line in Nairobi will have the capacity to produce 22.5 million litres of product annually, enough to meet the double-digit…