Standard Bank was the lead arranger and sole lender for funding facilities of USD330 million to Coca Cola Beverages East Africa, a subsidiary of Coca Cola Beverages Africa (CCBA). The funding was used to refinance existing facilities, strategic investments and for general corporate purposes.
Following an RFP process, Standard Bank was awarded a USD65 million deal in a total funding transaction worth USD110 million (KES equivalent) for East Africa Breweries Limited (EABL).
Africa’s largest retailer, Shoprite, partnered with Standard Bank to streamline its funding processes across the continent and navigate the currency matching of cash flows for their presence countries.
Agrivision a subsidiary of Zeder /PSG group, is a vertically integrated agribusiness company operating in local and regional markets and is the market leader in the Zambian grain industry.
Locally, CDM is the leading producer of alcoholic beverages and boasts a market share of in excess of 90% (by volumes) with brands such as 2M, Impala and Castle Lite.
GLOBAL HEAD: CONSUMER CLIENT COVERAGE
"The African continent represents some of the largest consumer opportunities globally. With over USD400bn in consumer spend and a rapidly urbanising and youthful population, the Consumer sector is well positioned for growth on the continent."
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