South Africa’s Nampak plans to invest $155 million in new glass bottle factories in Ethiopia and South Africa as it expands out of its home market to increase its profits from the rest of the continent.

The company, which one of Africa’s leading manufacturer of beverage, food and non-perishable packaging, has been expanding into other African countries as the South African Economy slowdowns that has hurt consumer spending hurting its earnings from the market.

Nampak’s Chief Executive, Andre de Ruyter, said the company will invest about $90 million in Nigeria and $65 million in Ethiopia.

Nigeria and Ethiopia are the two top most populous countries in Africa and have seen a rise in consumer spending in recent years that has attracted many South African companies.

“The Ethiopian beer market is growing extremely fast and virtually all of their glass is imported at the moment,” De Ruyter told Reuters.

He said the Ethiopian plant would have a capacity to produce as much as 30,000 tons of glass per year, while the Nigerian factory would produce 50,000 tons annually.

Nampak supplies plastic milk bottles to Britain and operates in several African countries. During the year ended September revenue from rest of Africa rose 43 percent, BizNis Africa reported.

“While operational issues in South Africa have been addressed, liquidity issues remain in the rest of Africa,” De Ruyter said.

“Nampak’s operations in the rest of Africa are profitable and continue to perform well, delivering a trading margin of 15.7% after adjusting for forex losses.”