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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 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.

Drinks giant Diageo has confirmed the sale of its 80.4% shareholding in Guinness Ghana Breweries to Castel Group for $81 million.

The Kraft Heinz Company has appointed Marcel Regis as president of West and East emerging markets, effective from 3 February 2025.

To support sustainable development in Africa's agricultural sector, the OPEC Fund for International Development has signed a $40m loan.

Coca-Cola Beverages Africa (CCBA) has invested $50 million in a new bottling line in Namibia, increasing output by 30% with a capacity of...

Hershey has signed a five-year agreement with nine cocoa cooperatives in Côte d'Ivoire, West Africa, to improve farmer livelihoods.

Twellium, a manufacturer of non-alcoholic beverages in West Africa, has partnered with Sidel to establish a packaging hub in Kumasi, Ghana.

Kenya-based craft beverage company African Originals has raised $2m in a funding round led by Phoenix Beverages.