Anheuser-Busch InBev lines up US$250m brewery in Nigeria

Anheuser-Busch InBev has started building a new brewery in Nigeria, as it looks to become the biggest player in the market.

A spokesperson for the brewer confirmed that the construction of a US$250m greenfield facility is under way. The brewery, which is outside Lagos, is expected to be online in May 2018.

"Capacity expansion is key to realizing the Nigerian dream of becoming the biggest brewer in Nigeria by 2020," the spokesperson said. "Nigeria is Africa's most populous country with long-term population and GDP growth forecast. We have built a good business in Nigeria in recent years and we remain confident of its future prospects."

According to local news reports, the new brewery will be AB InBev's second-largest in Africa.

Earlier this year, AB InBev proposed a merger of the three Nigerian beer companies in which it holds majority control - International Breweries, Intafact Beverages and Pabod Breweries.

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