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Dutch Brewer's Ethiopian Unit to Start Sales in Q2

Ethiopian greenfield brewer Habesha, majority-owned by Dutch brewer Bavaria NV, said it plans to start selling beer in the second quarter of this year to tap rising domestic demand that has attracted global brands. Bavaria NV is the latest beer maker lured by Ethiopia's expanding middle class over the last five years and will compete with breweries owned by Heineken and Diageo. The world's leading brewers have turned their focus on emerging markets such as Africa as consumer...

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