Ghana: Accra Breweries to invest into expansion

Ghana’s Accra Breweries Limited (ABL) is to invest GHC60 million in its operations in the next five years, Graphic Online informed on September, 24.

According to the company’s managing director, Mr Grant Liversage, the investment, which includes a GHC20 million modern and automated packing line, would go into expanding production and distribution network.

“The investment is in line with the company’s belief in the economy of Ghana,” he said.

The managing director said the company was still pursuing its policy of using local raw materials, and that currently 35 per cent of its raw material needs were locally sourced.

The Technical Director, Mr Richard Edzeame, said the new line which would produce 36,000 bottles of drinks per hour was expected to be completed at the end of the first quarter of next year.

Accra Breweries Limited is controlled by the South African brewery giant, SAB Miller plc.

1 USD = 1.15094 GHC

26 September, 2008