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SABMiller plans $2.5 billion investment in Africa

SABMiller plans to invest up to $2.5 billion in Africa over the next five years to build and revamp breweries, its head for the region said on Monday, as it looks to slake rising demand for beer in the fast-growing continent. [...] SABMiller’s Africa business, which excludes South Africa, is the group’s biggest recipient of capital expenditure and its fastest growing, with underlying volumes in the last three months of 2011 up 11 percent.

via Chicago Tribune / Reuters.

 

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One thought on “SABMiller plans $2.5 billion investment in Africa

  1. Seriously? AFRICA!!? I’m not surprised knowing these corporate clowns, but WTF do they expect to do with beer in Africa? I already don’t drink conglomerate beer and I sure as heck am not going to drink something that came out of Africa. Let’s hope they don’t try to make beer there for export…

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