Wednesday, January 21, 2026

Castel buys Unibra’s share in Zebidar

The Castel Group and Unibra S.A. announced that Castel Group has acquired from the latter 58% stake in Zebidar Brewery S.Co., such acquisition remaining subject to the COMESA commission approval.

According to a statment from Castel Group, Zebidar has now joined, starting from the 28th of March, the other 4 breweries of the Castel Group in Ethiopia. This transfer will enable Zebidar to reinforce the presence of the Castel Group in Ethiopia and to consolidate its activities in the South and South West regions.

 

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Why ending child marriage is key for seizing Africa’s demographic dividend

Africa’s future prosperity needs its girls… Africa is home to...

The Prosperity Gospel And The Mirage Of Real Development

Across much of the Global South, and increasingly beyond...

Why Financial Crime Risk Demands Regulation and How Africa Is Leading the Way

In the past decade, our financial systems have become...

Seven Lessons for Ethiopia Innovation Economy from Switzerland

Countries Are Evolving From Factor Driven, to Efficiency Driven...

Why Financial Crime Risk Demands Regulation and How Africa Is Leading the Way

In the past decade, our financial systems have become...
spot_img

Related Articles

Popular Categories

spot_imgspot_img