AB-InBev to build new brewery
Mozambique | AB-InBev will start building a two million hl brewery, estimated at USD 200 million, in the second half of next year, the company said on 7 August 2018.
The Mozambique investment aims to fend off competition from rival Heineken, which is the middle of building a USD 100 million brewery in the southern African country. It will also help AB-InBev keep pace with demand in a market that saw growth over more than 20 percent in the first half of this year.
AB-InBev, via SABMiller, brews the 2M and Laurentina brands in Mozambique in another brewery. It has operations in 15 markets, mainly in southern and east Africa, but also in Ghana and Nigeria in west Africa.
Recently, it announced plans to invest USD 100 million in a new one million hl brewery in Tanzania, where beer volumes jumped by 20 percent last year. Its local unit Tanzania Breweries runs four plants.