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The outlook for Africa and SA is positive, according to Carlos Brito, CEO of Anheuser-Busch InBev (AB InBev).
Brito, the CEO of the world's largest brewer - which was formed following AB InBev's $79bn takeover of SA's SABMiller in 2016 - said in Johannesburg this week that while others saw "a lot of uncertainty, we see opportunity . We are very excited about Africa."
He told reporters: "We look at fundamentals, we look at the middle class growing, education standards getting better, the population that's very young, governments getting more accountable, investments, we look at all the [things] that will drive growth.
"We don't get too impressed about this year, the next year and the next three years. We're thinking five, 10, 20 years out, and for us Africa is definitely the place to be."
Brito unveiled expansion plans that include AB InBev launching its first brewery in Mozambique in the second half of 2019.
The brewery will have the capacity to produce more than 2-million hectolitr...
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