Africa
Nigeria | It is one of Africa’s largest economies. Tragically, in the past decade the country has gone backwards. On average, individual Nigerians are poorer today than they were in 2015. But this does not seem to stop them from enjoying a beer. Nigerians are estimated to have spent the equivalent of more than USD 1 billion on beer and other brewery products in the first nine months of 2025, according to a recent analysis of financial results from the country’s leading listed brewers.
Africa
Kenya | The Nairobi-based construction firm JILK filed a fresh case against Diageo, asking the High Court to urgently secure approximately USD 23,500 from Diageo, the majority shareholder of EABL and its Kenyan subsidiaries. JILK fears that the impending sale of Diageo’s 65 percent stake in EABL to Asahi could frustrate the enforcement of its pending arbitral award and related claims, media reported on 31 January.
Africa
South Africa | There is a sad routine to this. Every year, Big Brewers and craft brewers are bracing for what they fear is coming: another punishing, above-inflation hike in excise duty. With Budget 2026/27 on the horizon – 25 February – the industry is not asking for a tax break, but basic fairness. “What we are calling for is simple,” one representative told media. “Fairness, reasonableness, and predictability.”
Africa
South Africa | The global wine industry has always been deeply interconnected, with trade flows shaped by consumer demand as well as politics, tariffs, and economic conditions. But never more so than in 2025 when US President Trump launched his trade war, which has had a ripple effect on European wine producers. The South African wine industry has been badly affected, too, as Europe was its major export destination.
Africa
Kenya | The hearing of a case seeking to stop Diageo’s USD 2.3 billion sale of its 65 percent stake in EABL to Asahi was postponed until 20 January, the High Court said on 9 January.
Africa
Kenya | Diageo, the world's largest drinks group, will sell its 65 percent stake in East African Breweries (EABL) to Japan's Asahi Holdings for USD 2.3 billion, divesting its last direct African beer holding. The deal values EABL, a Nairobi blue chip stock and one of East Africa's top five companies by market capitalisation, at around USD 4.8 billion, or 18.6 times EBITDA.
Africa
Kenya | While its plans for a new brewery in Zimbabwe have been put on hold, the privately-owned Dutch brewer Royal Swinkels has bought a stake in Kenya’s first craft brewery, Sierra Premium, as part of a joint venture with South Africa’s Signal Hill Products, people with knowledge of the matter said.
Africa
South Africa | Darling Brew, an award-winning, carbon-neutral South African brewery, has broken new ground: this time, not with a beer, but with a boutique whisky. In a move that blends sustainability and ingenuity, it has launched Reminisce, a limited-edition five-year-old malt whisky, distilled entirely from beer, and the first of its kind in South Africa.
Africa
South Africa | They have been around for decades, but only now are brewers’ fizzy girlie drinks seriously taking off – so much so that Heineken and AB-InBev have been locking horns over the descriptive term “demi-sec”. In the dispute, the Advertising Regulatory Board (ARB) upheld a complaint lodged by Heineken Beverages against AB-InBev’s local unit South African Breweries (SAB).
Africa
South Africa | Vintners are bracing for a hit, after a 30 percent US tariff left them at a sharp disadvantage to their international rivals, the Financial Times reported on 8 August. Africa’s largest economy exports more than half of its wine production, valued at USD 500 million per year. The US was its fourth-largest market in 2024, after the UK, Germany and the Netherlands.
