Africa's has a growing beer market, said Miguel Azevedo, head of Africa investment banking at Citigroup, with brands such as SABMiller trying to boost sales.
Azevedo said that Nigeria is the continent's fastest growing market with a "170m people population growing at 5pc" and disposable income growing at rates of "6, 7 or 8pc".
However, he added that some native beer brands such as SABMiller are not performing as well as expected.
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