AB InBev targets total investment of $400m in Nigerian brewery

Anheuser-Busch InBev , the world's largest brewer, expects the total investment in its new brewery at Sagamu in Nigeria, to be up to $400m, CEO Carlos Brito said on Wednesday.

The $250m brewery had already started operation and capacity would be expanded in phases, Brito said at a media briefing in Johannesburg, without giving a timeline for the next phase."We're growing double digits, we didn't grow in the past as fast because we were lacking capacity and now that we have capacity, strong brands and great group of people we're challenging the status quo there.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PIC’s investment of R1.2bn in failed chicken farm unpacked at inquiryUDM's Bantu Holomisa alleges that 'a cartel of PIC beneficiaries' were being 'empowered continuously'. Holomisa is right. For a selected few, the PIC appears to be an open ended piggy bank.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Mnangagwa’s trumpeted $27bn investment delivers empty promisesMany of the projects announced by Zimbabwe's government are still in the planning stages mqondisi_ndlovu That's a helluva hairline.... I mean headline
Source: BDliveSA - 🏆 12. / 63 Read more »

Smoky investment conferences pull wool over eyes of gullible, poor South AfricansPRINCE MASHELE | Smoky investment conferences pull wool over eyes of gullible, poor South Africans
Source: SowetanLIVE - 🏆 13. / 63 Read more »

45% of SA firms are targeted by cyber attacks - report | IOL Business ReportA report by the Ombudsman for Banking Services revealed that 50 percent of all complaints are fraud-related, reinforcing ...
Source: IOL - 🏆 46. / 51 Read more »