New $250m Sagamu brewery to commence operation by mid-year – AB InBev

Belgian brewer AB InBev has said it is nearing completion of its new $250 million Sagamu brewery and expects it to go into operation by mid-year.

The announcement was made by Ricardo Tadeu, AB InBev’s head of operation for Africa on Thursday in South Africa.

“For the long term, in five to 10 years, Africa will be an important growth driver for the global company,” he said.

Tadeu would not reveal the plant’s production capacity, but said that the company was upbeat about growth prospects in Nigeria and elsewhere on the continent.

“We have a clear strategy to keep a good level of growth in Africa based on developing our brands in different segments of the market,” Tadeu said.

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One Response to New $250m Sagamu brewery to commence operation by mid-year – AB InBev

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