Innovative Benchmark Solutions Advancing Oil Supply Growth

Absa Corporate and Investment Banking has partnered with Central Edible Oils (Pty) Ltd (CEOCO) through a bespoke ZARONIA-linked facility. This strategic funding supports CEOCO’s vertical integration that will enhance supply chain resilience, margin stability, and long-term sustainability.

CEOCO is a leading supplier in South Africa’s edible oils market and a key partner to major players in refining and animal feed manufacturing. As the Bilateral Funder, Mandated Lead Arranger, and Facility Agent, Absa structured a bespoke funding solution to support CEOCO’s continued growth. The transaction facilitates CEOCO’s expansion across its end-to-end value chain-from seed crushing to refining and feedstock supply-boosting operational efficiency and financial robustness.

This transaction marks a significant milestone in supporting vertical integration while embracing South Africa’s evolving interest rate landscape. The ZARONIA-linked facility provides long-term pricing transparency and is aligned with CEOCO strategic and financial objectives. By adoption of benchmark reform, combined with our structuring expertise and proactive client engagement, we enabled a solution that balances complexity with tangible value creation.

Absa’s early adoption of benchmark reform, combined with our structuring expertise and proactive client engagement is set to deliver innovative, future-fit funding solutions that empower our clients’ strategic ambitions while navigating market transitions.

Together, we continue to deliver solutions that move Africa forward.