Headlines

SABMiller Shake-Shake Thick Beer Gains as Brewers Expand in Africa

Heineken NV is looking to gain share among the emerging middle classes in Africa as beer consumption in western Europe and the U.S. slowly declines. With Chibuku, SABMiller is looking to win an additional segment of the market: lower-income Africans more used to “informal” beers, or home-brews. (Bloomberg)