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African News Divestments, Investments & Funding Latest News

Diageo sells Seychelles Breweries stake to Phoenix Beverages for US$80M

SEYCHELLES – Diageo has agreed to sell its 54.4% majority stake in Seychelles Breweries Limited (Seybrew) to Phoenix Beverages, a subsidiary of Mauritius-based IBL Group,

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Diageo India unveils premium innovations: Godawan Estuary Water, India Rare Spirits Program

INDIA – Diageo India, a leader in the alcoholic beverages industry, has announced two pioneering launches set to redefine luxury in the Indian spirits market:

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Diageo partners Celebr-8 Lyfe to expand Nigeria’s premium spirits market

NIGERIA – Diageo, a global leader in the premium spirits industry, has entered into a partnership with Celebr-8 Lyfe to enhance the availability of Diageo’s