Row rect Shape Decorative svg added to bottom Backing bold growth in Ghana Absa | Corporate and Investment Banking > Insights and Events > Backing bold growth in Ghana SHARE Supporting Kasapreko’s expansion and Ghana’s capital markets journey Across Ghana’s manufacturing and consumer goods landscape, the need to scale efficiently, strengthen local production and remain competitive continues to grow. For leading indigenous businesses, this requires not only operational strength, but also access to long-term capital that can support expansion, unlock resilience and position them for sustainable growth. Kasapreko PLC has built a leading position in Ghana’s beverage manufacturing sector through a diversified portfolio of alcoholic and non-alcoholic brands, modern production capabilities and growing reach across regional and international markets. As the business continues to evolve, its next growth phase is centred on expanding its production capacity, strengthening its operational efficiency and deepening its presence in high-growth categories such as bottled water and carbonated soft drinks. To support this next chapter, Absa Corporate and Investment Banking partnered with Kasapreko as Joint Lead Manager on an initial public offering (IPO) of up to GHS700 million. The capital raise is intended to fund the development of a new production facility at Adeiso in Ghana’s eastern region, to enable the business to scale capacity, enhance resilience across product lines and support future growth. The transaction is significant beyond the company itself. As one of the first IPOs on the Ghana Stock Exchange in several years – and the first of its kind in the local beverage manufacturing sector – it contributes to the continued development of Ghana’s equity capital markets while broadening access to long-term funding for indigenous corporates. Absa’s role in the transaction reflects a relationship built over time and a sustained commitment to understanding Kasapreko’s long-term ambitions. With a banking relationship spanning approximately 19 years and increasing strategic engagement in recent years across management and board levels, Absa brought together its equity capital markets expertise, regional connectivity and execution capability to help support a landmark transaction at an important moment in this client’s growth journey. The impact extends well beyond the capital raise itself. By supporting investment in local manufacturing, the transaction is expected to contribute to industrialisation, job creation, regional trade and stronger local value chains, while helping to position Ghana as an increasingly competitive regional production hub. We’re invested in your story, and we invite you to write it with us. For more information contact: Kizito Seddoh https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Powering South Africa’s energy transition through scalable infrastructure solutions Absa Corporate and Investment Banking partnered with Mulilo Energy Holdings on the financing of the 77MW / 308MWh Hartebeesfontein Battery Energy Storage System (BESS) project, acting as Joint Mandated Lead Arranger, Senior Lender, Hedge Provider and Agent Bank. Read more DEALS Empowering sustainable growth, one phase at a time. We successfully supported the syndication of a USD700 million facility for the Ivanplats Phase 2 expansion – one of the country’s largest new mining projects in more than a decade. Read more DEALS Expanding trade finance access across African markets Access to trade finance remains a key enabler of growth across Africa. Read more