Africa: Diageo opens $55m brewery

Diageo subsidiary East African Breweries Limited (EABL) has opened a $55 million brewery in Moshi, Tanzania. 

Diageo buys SAB's stake in Kenya Breweries

Diageo subsidiary East African Breweries (EAB) has purchased all of SAB Miller’s 20% shareholding in Kenya Breweries (KB). The transaction is worth US$225 million. The deal is subject to EAB disposing of its 20% shareholding in Tanzania Breweries – by way of public offer through the Dar-es-Salaam Stock Exchange.