Diageo, the British multinational alcoholic beverage company, has chosen Kenyan startup, Wowzi to join the inaugural cohort of its accelerator program through its Kenyan subsidiary, East African Breweries (EABL). The accelerator program, known as Fusion by Diageo, aims to identify leading innovators to co-develop the next generation of digital products that will elevate consumer experiences. […]
East African Breweries Plc records 16% sales growth in H1 2023
East African Breweries PLC (EABL) has reported robust financial performance for the half-year ended December 31, 2023, with net sales reaching Kes66.5 billion (US$407.96M), marking a substantial 16% growth compared to the previous year. The company’s volumes increased by 2%, driven by resilient consumer demand and a strong portfolio with effective commercial execution. EABL Group’s […]
Beer Ranks Most Preferred Drink Among Kenyans
A new report has determined that Beer is the most preferred drink among Kenyans in 2022. The East African Breweries PLC (EABL) report revealed that Kenyans increased their uptake of various alcoholic drinks in the financial year ended June 30, 2022, compared to the previous year. Data from the report showed that Kenyans spent Ksh109.4 […]
Eabl More Than Doubles Full-Year Profit On High-Sales, Improved Operating Environment
East African Breweries Plc (EABL) has delivered another set of strong results, with robust growth in sales and a resounding triple-digit growth in profits in the full year ended 30th June 2022. The owner of Tusker lager has more than doubled its full-year profit to Ksh.15.6 billion (US$131m) from Ksh.7 billion (US$58.9m) in the financial […]