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TodayWednesday, May 06, 2026

EABL

A photo collage of Hina Nagarajan, Diageo President, Africa, Jane Karuku, EABL CEO and Atsushi Katsuki, Asahi President and Group CEO.

Kenya’s High Court Clears Path for KSh 300 Billion Asahi–Diageo Deal Despite Ongoing Distribution Dispute

The High Court has removed a key legal hurdle standing in the way of one of East Africa’s largest corporate transactions, dismissing an application that sought to block Diageo’s planned exit from
April 10, 2026
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Diageo’s planned exit from EABL will also ripple into Uganda, where the group operates through Uganda Breweries Limited, underscoring the regional stakes of a deal that spans key alcohol markets across East Africa.
Diageo’s planned exit from EABL will also ripple into Uganda, where the group operates through Uganda Breweries Limited, underscoring the regional stakes of a deal that spans key alcohol markets across East Africa.

Diageo Says Kenyan Distributor Weaponising Case to Frustrate its Exit From EABL

British multinational Diageo has accused a Kenyan beer distributor of attempting to weaponise an ongoing court case to block its planned exit from East African Breweries Limited (EABL), as it moves to
March 26, 2026
Kumeshen Naidoo (left), Head of Debt Capital Markets, and Narisa Balgobind, Head of Debt at Absa. They argue that after two years of tight liquidity, elevated yields, and cautious issuances, the debt window is reopening.
Kumeshen Naidoo (left), Head of Debt Capital Markets, and Narisa Balgobind, Head of Debt at Absa. They argue that after two years of tight liquidity, elevated yields, and cautious issuances, the debt window is reopening.

Africa’s Debt Markets Reawaken – But This Time, Smarter: Here is How

Kenyan beverages giant East African Breweries Limited (EABL) recently refinanced an existing Ksh11 billion corporate bond through a medium-term note priced at 11.8%, marking the first issuance under its newly approved Khs20
February 24, 2026
A photo collage of Abdi Mohamed- Absa Bank Kenya CEO, Khalid Garousha- Senior Partner of A&O Shearman, Michael Katz- Chairman of ENSafrica. Bottom row: Kentaro Okuda- President and Group CEO of Nomura Holdings, Atsushi Katsuki- President and Group CEO of Asahi Group Holdings, Jane Karuku- the Group MD & CEO of EABL.

Absa, ENS Africa, A&O Shearman and Nomura Advise Asahi Holdings on USD 2.3bn Acquisition of 65% Stake in EABL

Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition of a
December 18, 2025
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Uganda Breweries Limited is included among the assets being sold as part of Diageo’s agreement to divest its majority stake in East African Breweries, transferring control of the regional brewing franchise to Japan’s Asahi Group Holdings.
Uganda Breweries Limited is included among the assets being sold as part of Diageo’s agreement to divest its majority stake in East African Breweries, transferring control of the regional brewing franchise to Japan’s Asahi Group Holdings.

Diageo to Exit East African Breweries as Asahi Takes Control

Global spirits giant Diageo has agreed to sell its majority stake in East African Breweries Limited (EABL) to Japan’s Asahi Group Holdings, marking a significant shift in the ownership of East Africa’s
December 17, 2025
Adu Rando, outgoing Managing Director of Nile Breweries and newly appointed Global Director, BEES MarketPlace Africa — AB InBev’s flagship B2B digital commerce platform. His promotion marks a return to his digital roots after three transformative years in Uganda.

Nile Breweries MD Adu Rando Promoted to Lead BEES—  AB InBev’s Digital MarketPlace for Africa 

Three years after taking over the reins at Nile Breweries Limited (NBL), Adu Rando, the Brazilian Managing Director of the AB InBev subsidiary, has been promoted to Global Director, BEES MarketPlace Africa.
October 31, 2025
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COMESA Competition Commission CEO, Willard Mwemba, President of Diageo Africa, Hina Nagarajan and EABL Group CEO, Mrs. Jane Karuku.

COMESA Fines Diageo USD 750,000 for Unfair Distribution Deals in Uganda, Eswatini and Zambia

The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has imposed a fine of USD 750,000 on global alcoholic beverages manufacturer Diageo Plc, the majority shareholder in East African Breweries
October 13, 2025
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Diageo appoints Christopher Wangai Gitau as General Manager, Greece, effective 1 October 2025. With over 25 years in FMCG, Gitau is celebrated for driving growth, innovation, and high-performance cultures across Africa and beyond.
Christopher Wangai Gitau, newly appointed General Manager, Greece at Diageo, hailed by senior leaders as a firm, disciplined, and charismatic leader with over 25 years of FMCG experience.

Serengeti Breweries’ Christopher Gitau Appointed General Manager, Greece at Diageo

Diageo has announced the appointment of Christopher Wangai Gitau as General Manager, Greece, effective 1 October 2025. In this role, he will report to Olena Neznal, Managing Director for Eastern & Central
September 5, 2025
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A photo collage of EABL Group Managing Director and CEO, Jane Karuku and Group Chairman, Dr. Martin Luke Odour-Otieno. With a strong cash position, moderated borrowing, and continued investment in brand strength and market relevance, EABL says it is well-positioned to sustain growth.

EABL Defies Market Headwinds to Post Kshs 12.2 Billion Profit in FY2025, Declares Higher Dividend

East African Breweries PLC (EABL) has reported a solid full-year performance for the year ended June 30, 2025, posting a 12% jump in profit after tax to Kshs 12.2 billion, despite tough
July 31, 2025
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