South African group Distell (https://www.distell.co.za/home) started production of canned drinks in Angola, said the group’s chief executive in a statement to Reuters news agency.
Angola was the group’s main export market in Africa but sales fell sharply following the fall in oil prices, Angola’s main export, which had the effect of reducing the amount of available foreign currency.
“We have started the production of canned drinks in Angola and we will continue to invest so that before the end of the year production is extended to bottled drinks,” said Richard Rushton, president of the group whose best-known products are the Amarula liqueur and Savanna cider.
The group invested US$20 million in the construction of the plant, which at an early stage will produce 10 million litres per year, with revenues in kwanzas used to expand production to bottled drinks and gradually replace exports to that market.
Until the construction of the plant, the group, which produces and sells wine, brandy, cider and other alcoholic beverages, supplied the Angolan market with goods produced in South Africa. (macauhub)