NAIROBI, October 30, 2025 — Stanbic Bank Kenya and Stanbic Bank Uganda, both members of the Standard Bank Group, have facilitated a USD 45 million long-term financing package to support the expansion of two PepsiCo bottlers in East Africa — Crown Beverages Limited (CBL) in Uganda and SBC Kenya Limited.
The funding, comprising USD 30 million for Crown Beverages and USD 15 million for SBC Kenya, is aimed at boosting manufacturing capacity, creating jobs, and strengthening regional trade across the two markets.
According to Stanbic Bank, the transaction underscores the Group’s ability to deliver innovative cross-border financing solutions that promote industrial growth and regional integration within Africa.
“This transaction exemplifies how our Positive Impact framework translates ambition into action,” said Paul Muganwa, Executive Director and Head of Corporate and Investment Banking at Stanbic Bank Uganda. “By structuring a cross-border solution in partnership with our colleagues in Kenya, we are advancing inclusive growth across financial, enterprise, and industrial dimensions.”
Muganwa added that the investment would stimulate job creation and enhance local manufacturing capacity while supporting youth, women, and farmers in the supply chain.
Stanbic Bank Kenya’s Head of Corporate and Investment Banking, SJ Kok, said the deal reflects the strength of Standard Bank Group’s regional network. “Through our established relationship with Crown Beverages in Uganda, we were able to seamlessly extend support to SBC Kenya and design a funding structure that met the complex requirements of a brownfield expansion,” he said.
The collaboration builds on a two-decade relationship between Stanbic Bank Uganda and Crown Beverages. Since 2020, the Standard Bank Group has supported CBL’s expansion initiatives and advised on its shareholders’ acquisition of SBC Kenya in 2023.
Stanbic Bank noted that beyond financing, the funding package demonstrates Standard Bank Group’s continued commitment to driving sustainable and inclusive growth through Pan-African financial solutions that connect businesses to opportunities across the continent.
