Nigeria Leading Opportunities In African Beer

Africa provides terrific opportunities in beer and things will only get better over the next few years, as people get richer and therefore spend more on branded products. Low per capita consumption levels across the continent do not do justice to the fact that beer is hugely popular - it is just that most people cannot afford to consume branded beer regularly, so they stick to cheap homemade brews. If the past few years are any yardstick, greater consumption of formal beer is hugely correlated to income growth. This is especially good for premium beer, which is where many of the biggest African beer companies make so much of their money.

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