AFRICA'S NO.1 FOOD, BEVERAGE & MILLING INDUSTRY MAGAZINE

Diageo opens first US carbon neutral whiskey distillery, unveils a new Guinness taproom for Chicago

Sep 30, 2021Sep 30, 2021 Editor

USA – British multinational alcoholic beverages company Diageo has opened its first carbon neutral whiskey distillery in North America as part of goal to become net-zero carbon across direct operations by 2030. According to Diageo, the new facility located in Lebanon, Kentucky will operate using 100% renewable electricity, zero fossil fuels for production, and virtual metering technology The 72,000 square-foot facility is designed with sustainability at its core, with careful measures put in place to ensure that fossil fuels are not used during production. “By partnering with Inter-County Energy…

Guinness Ghana more than doubles its processing capacity with launch of new US$23.9m Brewhouse

Sep 4, 2021Sep 4, 2021 Editor

GHANA – Guinness Ghana Breweries PLC, has commissioned a state-of-the-art Brewhouse worth GHS 145 million (US$23.9m). According to the subsidiary of the British multinational alcoholic beverages company, Diageo, the new facility will boost its current production capacity by more than 150% of the old Brewhouse. With the beefed-up capacity, Ghana’s leading drink company will increase its local raw material sourcing, propelling it towards its ambitions goal of acquiring 70% of its raw material requirements from Ghanaian farmers by 2024. Currently, the company sources 61% of local raw materials i.e., maize,…

Guinness Nigeria full year profits surge 110% buoyed by double digit growth in all key categories

Aug 31, 2021Aug 31, 2021 Editor

NIGERIA – Guinness Nigeria Plc, a subsidiary of Diageo Plc, has announced its audited results for the period ended 30 June 2021, revealing a 110% increase in profit after tax mainly driven by strong revenue growth across all key categories. Profit after tax rebounded to N1.25billion (US$3.03 million) from a loss of N12.6billion (US$30.58 million) reported in full-year ended June 30, 2020, audited results released to the Nigerian Exchange Group (NGX) revealed. Revenue, the major profit driver, increased 54percent to N160 billion (US$390 million) in 2021 from N104.4 billion (US$250…

Beer Sectoral Group appoints Guinness Nigeria’s CEO Baker Magunda as group Chairman

Aug 18, 2021Aug 18, 2021 Editor

NIGERIA – The Beer Sectoral Group (BSG), a section of the Manufacturers Association of Nigeria (MAN), has announced the appointment of Baker Magunda as Chairman of the group with effect from 1st August 2021. The BSG is a trade association comprising beer manufacturers in Nigeria to include Guinness Nigeria Plc, Nigerian Breweries Plc, and International Breweries PLC. Magunda will now head the group whose mission is to develop the beer industry by encouraging sound professional practice among members and building understanding of stakeholders to promote responsible drinking and the social…

WFP partners with Promasidor, Tolaram and other food processor support Nigerian agri-tech start-ups

Aug 9, 2021Aug 9, 2021 Editor

NIGERIA – The UN World Food Programme in partnership with leading food industry players in Nigeria have partnered to support six budding entrepreneurs in the food and agriculture sector, scale up their innovation with N120 million (US$290,000) worth of funding. The funding was channelled through the ‘2021 Zero Hunger Sprint – Nigeria’s Innovation Challenge’ undertaken under the Zero Hunger Roundtable. Zero Hunger Roundtable is a multi-sector forum aimed at collectively addressing food challenges as a part of the UN’s global mandate to achieve Zero Hunger by the year 2030. The…

Guinness Ghana Limited honors sorghum farmers as Kenya Breweries Limited promotes gender equality

Jun 9, 2021Jun 9, 2021 Editor

GHANA – Guinness Ghana Breweries Limited, a subsidiary of Diageo Plc has honoured deserving sorghum farmers from the Northern, Upper East, Upper West, and North East Regions of Ghana, at the Sorghum Farmers Recognition Awards. According to the brewery, 18 deserving sorghum farmers, collectors and groups were recognized and took home an assortment of prizes including motorized tricycles, motorcycles, tarpaulins, and products from the company. The initiative forms part of its Local Raw Material (LRM) intervention, which started in 2012 and seeks to use local raw materials in the production…

Guinness Ghana goes green with installation of solar power plant, Diageo’s West African units exhibit stellar performance

May 3, 2021May 3, 2021 Editor

WEST AFRICA – Guinness Ghana Breweries has commissioned a solar photovoltaic system on the roof of its brewery in Accra, shifting to use of clean energy in its operations. The 1,095 kWp solar power plant was installed by CrossBoundary Energy, renewable energy expert in the region, reports Afrik21. The solar plant will provide up to 19% of the electricity consumed by the subsidiary of the British Diageo Group, supply 1,500 MWh per year, while avoiding 10,000 tonnes of CO2 emissions. CrossBoundary Energy has signed a power purchase agreement (PPA) with…

AB InBev invests in animal-free egg protein as Diageo launches Guinness Nitro Cold Brew Coffee

Apr 26, 2021Apr 26, 2021 Editor

US – AB InBev, through its investment arm ZX Ventures, is venturing into large scale development of sustainable, animal-free egg protein to address global food challenges while its competitor Diageo has added a new coffee-infused product to its Guinness brand. According to a report by FoodBev, ZX Ventures is partnering with Clara Foods in this new initiative that will “focus on unlocking the potential of precision fermentation at a large scale.” Clara Foods specialises in engineering, manufacturing and formulating animal-free proteins using precision fermentation. The R&D partnership will combine AB…

Guinness Nigeria registers loss in half year period despite 6% rise in revenue

Feb 15, 2021Feb 15, 2021 Editor

NIGERIA – Diageo’s Nigerian operating unit, Guinness Nigeria Plc has reported a 6% rise in half-year revenue in the period ended December 31, 2020 from N68.327 billion (US$179.2m) of the corresponding period of the previous year to N72.351 billion (US$189.7m). The rise in revenue also lead to the increase of its operating profit by 4% to N3.7 billion (US$9.7m), despite the challenging business environment characterized by continued regulatory, competitive and inflationary challenges in Nigeria. During the period under-review, the second quarter of its financial year was significantly impacted by challenges…

Newly launched non-alcoholic stout Guinness 0.0 recalled over contamination fears

Nov 13, 2020Nov 13, 2020 Editor

UK – British multinational alcohol beverage company, Diageo has made a decision to recall all of its newly launched non-alcoholic stout because of “microbiological contamination”. The recall is coming only two weeks after the product was launched by the British manufacturer across stores in the UK. Diageo through its subsidiary Guinness warned that cans of the new Guinness 0.0 drink, which took four years to develop, may be “unsafe to consume”. Guinness has since advised people who had purchased the alcohol-free beer to dispose of it or return it to…