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Africa: SABMiller set to quench Africa’s thirst

SABMILLER, which is the world’s second-largest brewer, is focusing on Africa in a bid to tap into a market worth $3bn.The brewer will also be opening four new breweries this year as it seeks to benefit from countries economies’ growing at about 4% and 5%. - Nigel Fairbrass, head of media relations, said yesterday that African countries were mainly cash economies, and had not run up exposure to credit in the same fashion as other countries had.

Read full article [businessday.co.za]

Print | posted on Tuesday, March 31, 2009 2:37 PM

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