Nampak Limited has agreed with partners to build glass-bottle manufacturing plants to take advantage of growing demand for packaged consumer goods and bottled drinks in Nigeria and Ethiopia. Nampak plans glass factories in growing markets of Nigeria and Ethiopia. Africa and Nigeria are the two countries where a quarter of the population of Africa lives. The Johannesburg-based company has reached a preliminary agreement with a partner for a factory in Ethiopia and is now seeking financing for a project with a potential cost of $68 million, Chief Executive Officer Andre de Ruyter, 47, said recently in an interview. That will help supply drinks makers including brewer Heineken NV and soft drinks producer Coca-Cola Inc, he said. Nampak has also “made good progress” on a Nigerian factory, the CEO said.
