SABMiller announces US$260 million investment in Africa to fund capacity increases
Following strong growth in its African division, SABMiller plc [SAB: LSE/SAB:JNB] announces a US$260m investment programme to fund capacity expansion in its subsidiaries in Uganda, Ghana, Zambia and Tanzania.
SABMiller Africa's impressive growth trajectory continued in the first half of the year to 30 September 2011, with volumes up 15 per cent. SABMiller's growth in the region has been driven by continued investment in diverse product portfolios, enhanced distribution and consumer occasion activations. Beer has grown category share from a low base of per capita consumption, supported by a buoyant economic environment.
