Bature Brewery taps into Nigeria's R125bn beer market
Globally the craft beer market is forecast to triple to more than $250bn (R4.49-trillion) by 2033, research from Business Research Insights finds, as craft producers win over customers from the brands of the major international companies AB Inbev, Guinness and Heineken.
"We know there is more demand," Bature co-founder Kevin Conroy said. "Our goal is to get to 500 locations selling our products by the next 18 months. We are aiming to be doing 100,000 litres per month by next year." The 500 locations compare with 70 now.
Bature Brewery, which began operations in Abuja in 2017 and is the biggest of Nigeria's craft brewers, produces 22,000 litres monthly, including locally inspired flavours such as Harmattan Haze, Lagos Lager and Mango Disco. Its efforts to persuade more people to drink its beer, which costs up to six times more than mass-market bottled beer, include investing in draft dispensers in hotels, bars and restaurants.
To help ensure supply, Bature has installed diesel power and a water treatment plant to tackle sometimes erratic power and water supplies, and it has also installed new fermentation vessels and other equipment at its Lagos plant.
Other challenges in Nigeria include the devaluation of the naira that has raised the cost of imported raw materials.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
TimesLIVE
3 hours ago
- TimesLIVE
Pentagon Golden Dome to have 4-layer defence system, slides show
The Trump administration's flagship Golden Dome missile defence system will include four layers — one satellite-based and three on land — with 11 short-range batteries across the continental US, Alaska and Hawaii, according to a US government slide presentation on the project. The slides, tagged 'Go Fast, Think Big!', were presented to 3,000 defence contractors in Huntsville, Alabama, last week and reveal the unprecedented complexity of the system, which faces an ambitious 2028 deadline set by US President Donald Trump. The system is estimated to cost $175bn (R3.06-trillion), but the slides show uncertainties loom over the basic architecture of the project because the number of launchers, interceptors, ground stations and missile sites needed for the system has yet to be determined. 'They have a lot of money, but they don't have a target of what it costs yet,' said one US official. So far Congress has appropriated $25bn (R437.69bn) for Golden Dome in Trump's tax-and-spend bill passed in July. Another $45.3bn (R793.09bn) is earmarked for Golden Dome in his 2026 presidential budget request. Intended as a multilayered missile defence shield for the US, Golden Dome draws inspiration from Israel's Iron Dome, but is significantly bigger due to the geography it will need to protect and the complexity due to the varied threats it will face.
TimesLIVE
6 days ago
- TimesLIVE
Ties hit new low as Trump imposes extra 25% tariff on Indian goods
US President Donald Trump on Wednesday imposed an additional 25% tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations after trade talks reached a deadlock. The new import tax, effective 21 days after August 7, will raise duties on some Indian exports to as high as 50% — among the highest levied on any US trading partner. Trump's executive order imposing the extra tariff did not mention China, which also imports Russian oil, but later said he could announce similar further tariffs on Chinese goods. 'It may happen ... I can't tell you yet,' Trump told reporters. 'We did it with India. We're doing it probably with a couple of others. One of them could be China.' Analysts said Trump's move marks the most serious downturn in US-India relations since his return to office in January. The tariffs threaten to disrupt India's access to its largest export market, where shipments totalled nearly $87bn (R1.54-trillion) in 2024, hitting sectors like textiles, footwear, gems and jewellery. It also marks a shift from the warm ties seen during Trump and Modi's February meeting, they said, pointing out Trump's recent remarks calling India's economy 'dead', its trade barriers 'obnoxious' and accusing the country of profiting from cheap Russian oil while ignoring the killings of Ukrainians in Russia's three-and-a-half-year-old invasion of its neighbour.
TimesLIVE
05-08-2025
- TimesLIVE
UK grants space launch licence to Scottish firm
Britain has granted its first space launch licence to a home-grown rocket company, paving the way for a Scottish start-up to send satellites into space from the country's first vertical launch spaceport. Skyrora, founded in 2017, would be able to conduct up to 16 launches a year, subject to further approval by the UK Civil Aviation Authority (CAA), the regulator said on Tuesday. The Scotland-based company would use the SaxaVord Spaceport in the Shetland Islands, northern Scotland, which received a key safety licence last year, meaning rockets could be launched from the site in the future. Germany's Rocket Factory Augsburg was the first company to gain a licence to launch from the site earlier this year. 'Granting a home-grown company, Skyrora, its launch licence is a major milestone for our space sector and our nation,' CAA CEO Rob Bishton said. The space market is forecast to be worth more than $1-trillion (R18.04-trillion) by 2030 as companies around the world plan to deploy thousands of internet-beaming satellites. Britain has been looking to add launch capabilities to its space industry, which employs more than 45,000 people and builds more satellites than anywhere outside the US. But those efforts were dealt a major blow in early 2023 when a horizontal rocket launch from Newquay, southwest England, failed. A successful vertical launch from SaxaVord would revive the industry's prospects. 'Skyrora is proud to be leading efforts that enable launch activity from the UK and we look forward to achieving a reliable commercial launch programme that benefits us all,' CEO Volodymyr Levykin said. The company needs to meet a number of conditions before any launch, including adequate insurance, a data-sharing deal with the British government and airspace agreements with other countries.
