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Dashen Breweries has completed an expansion project taking total capacity to 4.2 million hectolitres across it’s two breweries in Debre Birhan (3.0 million hectolitres) and Gondar (1.2 million hectolitres).
Largest private equity investment in Ethiopia to date recognised as new frontiers deal of the year.
A cash shell advised by the former boss of fruit juice maker Del Monte is saying yes to a listing on London’s junior market.
South African wine producer KWV is to relaunch its premium The Mentors range on the international market.
South Africa’s KWV is admired by the world.
South African drinks giant, KWV, has unveiled what is probably the Rainbow Nation’s first wine made from what is regarded as a Chilean grape variety, Carménère.
Economic reform and one of Africa’s youngest demographic profiles are spurring increased investor interest in Ethiopia.
Vasari Beverages has completed a US$100m capital raise to fund a set of growth opportunities including the expansion of its Ethiopia brewery and the pursuit of new acquisitions and greenfield developments across Africa and Asia.
Vivian Imerman’s Vasari Beverages has raised US$100 million to expand its operations in Africa and secure new acquisitions.
Vasari Beverages has secured funding to increase production at its Dashen Brewery and Rorank Business distillery divisions in Ethiopia, while also looking for M&A opportunities across Africa and Asia.