Zambian Breweries (AB InBev) structures $80 million investment with Stanbic Bank and FNB

Zambian Breweries (AB InBev) structures $80 million investment with Stanbic Bank and FNB

This new investment will enable it to double its beer production capacity in Lusaka over the next 18 months and thus strengthen its local position in the face of its competitor Heineken, which is preparing several acquisitions in the region. 

Someone shares this article with you
            ▪ Zambian Breweries (AB InBev) structures $80 million investment with Stanbic Bank and FNB

▪ This new investment will enable it to double its beer production capacity in Lusaka over the next 18 months and thus strengthen its local position in the face of its competitor Heineken, which is preparing several acquisitions in the region. 

https://www.africabusinessplus.com/en/812624/zambian-breweries-ab-inbev-structures-80-million-investment-with-stanbic-bank-and-fnb/

Africa Business+ has learnt that Zambian Breweries will reinvest some of its profits, which remain in the country, and use existing and new bank loan facilities with Stanbic Bank and First National Bank (FNB), its usual lenders, to cover costs in foreign and local currencies to finance the expansion.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Agribusiness

24/01/2024 at 15h45, by Africa Business+, updated 25/01/2024

Zambia Industrial Commercial Bank finds support in Europe

The EIB is expanding its activities in Zambia by supporting loans in the agricultural and agri-food...

Mines

18/02/2022 at 16h51, by Africa Business+, updated 19/02/2022

Mopani Mine: Zambia’s debt to Glencore reduced to $900m

The Zambian government committed to paying $1.5 billion when it bought the Mopani copper mine on credit...

Agri-food industry

21/01/2022 at 19h15, by Africa Business+, updated 22/01/2022

Agri-food industry

03/01/2020 at 17h14, by Valentin Grille, updated 07/01/2020

Dutch trio finances Habesha Breweries, alongside IFC

World Bank Group’s sister organisation IFC will loan €50m to Ethiopia’s Habesha Breweries, with co-funders...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.