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Africa
Kenya High Court allows regulatory steps to continue in Diageo-Asahi EABL deal

Kenya High Court allows regulatory steps to continue in Diageo-Asahi EABL deal

Kenya’s High Court has allowed regulatory reviews to proceed for Diageo’s $2.3 billion sale of its majority stake in East African Breweries Limited (EABL) to Asahi Group Holdings.

Diageo to sell EABL shareholding to Asahi in $2.3bn deal

Diageo to sell EABL shareholding to Asahi in $2.3bn deal

Diageo has agreed to sell its 65% shareholding in East African Breweries (EABL) to Asahi Group for $2.3 billion.

Nestlé faces criticism from NGO over sugar content in baby foods sold in Africa

Nestlé faces criticism from NGO over sugar content in baby foods sold in Africa

Swiss non-governmental organisation Public Eye has accused Nestlé of maintaining a double standard regarding the sugar content in its infant cereals sold in Africa.

Danone inaugurates ‘industry-first’ academy for dairy farmers

Danone inaugurates ‘industry-first’ academy for dairy farmers

Danone has announced the launch of Danone Milk Academy, an ‘industry-first,’ multi-year programme designed to support the resilience and long-term viability of dairy farming worldwide.

Coca-Cola Company sells controlling stake in African bottler to Coca-Cola HBC

Coca-Cola Company sells controlling stake in African bottler to Coca-Cola HBC

The Coca-Cola Company and Gutsche Family Investments have announced the sale of a 75% controlling interest in Coca-Cola Beverages Africa to Coca-Cola HBC.

Coca-Cola appoints Luis Felipe Avellar as president of Africa operating unit

Coca-Cola appoints Luis Felipe Avellar as president of Africa operating unit

The Coca-Cola Company has announced the appointment of Luis Felipe Avellar as president of its Africa operating unit, effective September 1 2025.

UAC of Nigeria to acquire Chivita|Hollandia from Coca-Cola Company

UAC of Nigeria to acquire Chivita|Hollandia from Coca-Cola Company

UAC of Nigeria has agreed to acquire Chivita|Hollandia (CHI Limited) from The Coca-Cola Company, a significant move that enhances UAC’s footprint in Nigeria's fast-moving consumer goods sector.

Diageo reviewing East African Breweries business – Bloomberg

Diageo reviewing East African Breweries business – Bloomberg

Diageo is reportedly conducting a strategic review of its East African Breweries Ltd (EABL) subsidiary, which could include a potential sale of the beer business, according to Bloomberg.

Diageo completes sale of stake in Guinness Ghana Breweries to Castel Group

Diageo completes sale of stake in Guinness Ghana Breweries to Castel Group

Diageo has finalised the sale of its 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group, a move that underscores the beverage giant's strategic realignment in the African market.

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