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Production will begin in early 2019, in a project that forms part of a bigger push into Africa by the world’s second-largest brewer, seeking to compete with AB InBev. Pictured: Minister of Industry and Trade Max Tonela (R) with Heineken's Heineken's managing director for East and West Africa Boudewijn Haarsma
Heineken, the world’s second-largest brewer, started building a $100m plant in Mozambique as it seeks to compete with its larger competitor, Anheuser-Busch InBev, in the southeast African country.
The brewery, to be located in Maputo province, will have a capacity of 800,000 hectolitres and will start production in the first half of 2019, Heineken said on Monday.
The world’s two beer-making giants are expanding in Africa to take advantage of rising household incomes and faster sales-growth rates than in more mature markets.
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Heineken lays foundation stone for brewery in Marracuene, Mozambique
Heineken has units in Nigeria, where it brews the country’s Star lager, and the Democratic Republic of Congo. In April, the Amsterdam-based company opened a new brewery in Ivory Coast at a cost of about €150m.
AB InBev, which last year bought SABMiller to become the world’s largest beer maker, brews the 2M, Laurentina and Manica brands in Mozambique.
The country’s economy is set to grow 4.7% this year, according to the International Monetary Fund.
Mozambique, which defaulted on its dollar debt this year, has a population of 29.5-million.
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