Indian group Varun Beverages Limited (VBL), the main bottler of PepsiCo’s leading soft drink brands in Africa, is expanding into the beer segment. According to India’s The Economic Times on Wednesday, October 29, the company has signed an exclusive partnership with Danish brewer Carlsberg to allow some of its African subsidiaries to test the sale of the Carlsberg brand in their respective markets.
The initiative is part of VBL’s strategy to diversify its portfolio beyond carbonated beverages and capture a share of Africa’s fast-growing alcoholic drinks market.
According to Statista, the African beer market is expected to reach $32.5 billion by the end of 2025 and grow by an average of 6.5% annually through 2030. Details on the specific countries selected for the pilot phase have not yet been disclosed.
VBL currently operates production facilities in seven African countries: South Africa, Eswatini, Lesotho, Zambia, Zimbabwe, the Democratic Republic of Congo, and Morocco. In November 2024, it began steps to expand into Ghana and Tanzania and plans to establish a new plant in Kenya.
For Carlsberg, the partnership offers an opportunity to strengthen its global footprint through VBL’s distribution network. According to industry analyst BarthHaas, the Danish brewer ranked as the world’s fourth-largest beer producer in 2023 with a 5.4% market share, behind AB InBev (26.9%), Heineken (12.9%), and China Resources Snow Breweries (5.9%).
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Africa is projected to supply up to 9% of the global rare earths market thanks to announced mines, p...
Ghana holds talks to address energy debt and tighten sector oversight New inspector, stricter...
COBAC raises bank capital requirement to 25 billion CFA francs from 10 billion Compliance dea...
The regulator accuses AVZ and two executives of misleading investors. The case concerns undisclosed disputes over the Manono lithium project in the...
Namibia to launch national campaign on AI, digital and media literacy Govt cites rise in scams, deepfakes, and disinformation as key threats AI...
Projects to create 5,500 jobs, introduce first Luxury All-Inclusive resorts Part of Morocco’s plan to attract 26M tourists by 2030 ahead of the World...
Inspired Evolution leads $60M equity round to expand Sedgeley Solar Group SSG to grow decentralized solar capacity across Southern Africa’s C&I...
Timkat, celebrated each year in Ethiopia, marks the feast of Epiphany in the Ethiopian Orthodox Church. It commemorates the baptism of Christ in the River...
The Namib Erg, also known as the Namib Sand Sea, is one of the most ancient and spectacular desert landscapes on Earth. Stretching along Namibia’s...