No one knows Africa like we do

As a leading Pan-African bank, Absa continues to prioritise financing of renewable energy projects and this transaction amplifies our role as a market leader in driving the Just Energy Transition agenda in our markets.

We are proud to have acted as Mandated Lead Arranger and Funder for a ZAR 2.3 billion refinancing debt facility for Zeda Car Leasing (Pty) Ltd (“Zeda”) trading as Avis Fleet, a subsidiary of Zeda Limited, concluded and initiated in September 2022, as well as joint mandated lead arranger for a further R2 billion in November 2023.

We are pleased to have acted as Arranger and Underwriter for Jetcraft Commercial for a multi million-dollar Structured Asset Finance facility.

We are proud to have assisted Sasol as Sole Lead Arranger in the issuance of the largest Rand denominated listed bond in the South African debt capital markets in 2023, valued at R 2.5 Billion

Absa, Divercity and Atterbury partner to construct Barlow Park, a green, affordable, residential precinct in one of the continent’s most prestigious locations.

With the $150 million loan successfully secured by Absa from the British International Investment (BII) PLC, Africa takes a prominent step towards closing an economic divide.

As a leading Pan-African bank, Absa continues to prioritise financing of renewable energy projects, helping our clients transition to a low-carbon economy and achieve their sustainability goals. Our innovative investments in the renewable sector demonstrate our commitment to shaping Africa’s growth and sustainability, and the development of its people.

We are proud to be Joint Arranger and Dealer of the New Development Bank’s (NDB) debut issuance. The New Development Bank (NDB) is a multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) with the purpose of mobilising resources...

We are proud to have arranged a USD 1 Billion international bond issuance and related bridge loan for Transnet.

Transnet SOC Limited (“Transnet”) is the South African government owned operator, owner and custodian of a major portion of South Africa’s transport infrastructure. Transnet’s infrastructure facilitates economic activity and growth through facilitating South Africa’s international trade.

We are proud to have concluded a R2.5 billion transaction with Teraco to expand digital connectivity in Africa. The deal includes R2billion for a data centre construction in Johannesburg and Cape Town, and R500 million to provide liquidity and optimise capital structure for improved shareholder returns. This funding will accelerate growth in Teraco’s business, enabling them to sign up many large new clients while increasing their services to existing clients.

We are proud to have acted as Mandated Lead Arranger, Hedge Bank, Agent Bank and Account Bank for EDF-R’s three wind energy projects, part of South Africa’s REIPPP Programme.

EDF Renewables (“EDF-R”), an international leader in green electricity production, is the renewable energy arm of the Électricité de France S.A (“EDF”) Group. EDF is a top French utility company and one of the biggest power producers in the world with a total installed generation capacity of 122 GW.

We are proud to have provided advisory services and financing for Infinity Power’s acquisition of Lekela Power, Africa’s largest renewables-focused, independent power producer.

Infinity Power is a joint venture between Egypt’s Infinity Group and Masdar (Abu Dhabi Future Energy Company) to target renewable energy, solar and wind power generation projects, on utility as well as commercial and industrial scale, in Egypt and Africa. Infinity Group’s key stakeholders also include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD).

With the bravery to imagine and the will to get things done, our Absa Nigeria team acted as Joint Lead Issuing House on the @DangoteCement deal, the largest corporate bond offering in the history of the Nigerian capital markets. The Absa Nigeria team acted as Joint Lead on the Dangote Cement Plc Deal, allocating NGN 116 billion across a 5-, 7-, and 10-year fixed-rate deal. This is the largest corporate bond offering in the history of the Nigerian capital markets.

Absa is proud to have supported and enabled the “greening” of the Transcend rental portfolio by providing a R147.5m green loan.  Transcend has Edge Certified a third of their portfolio and the remaining certifications will be rolled out in the short term. Edge Certification, the gold standard of residential sustainability measurement, ensures properties are at least 20% more energy, water and embodied energy materials efficient.

We are proud to have served as a Joint Global Co-ordinator and Bookrunner for Bidcorp's first €200 million syndicated multi-currency revolving credit facility. We also served as the Mandated Lead Arranger and Facility Agent.

We are proud to have acted as the Joint Mandated Lead Arranger for Air Liquide's R5.9 billion where we refinanced a portion of the acquisition of Sasol's air separation units located in Secunda, South Africa. This is the biggest oxygen production site in the world.

We are proud to have acted as the mandated lead arranger, facility agent and original lender to fund the acquisition of MultiChoice’s increased stake in BetKing.

We helped Tongaat Hulett restructure their R6.3 billion debt package.

Absa advised IHS on the acquisition, and sale and leaseback of 5,709 telecommunication towers from MTN in South Africa in a deal worth R6,4 billion. Through this transaction, IHS will enter South Africa and become the largest independent tower company in the country.

We are proud to have contributed R1.65bn and further leveraged our dedicated ESG financing team, to structure a R1.7bn sustainability-linked tranche that supports environmental protection and inclusive growth for our client Exemplar REITail Limited.

We are proud to have concluded a R2.5 billion transaction with Teraco to expand digital connectivity in Africa. The deal includes R2billion for a data centre construction in Johannesburg and Cape Town, and R500 million to provide liquidity and optimise capital structure for improved shareholder returns. This funding will accelerate growth in Teraco’s business, enabling them to sign up many large new clients while increasing their services to existing clients.

Developing and investing in commercial and residential property requires specialised focus, honed expertise and the right financial collaborators. Our team of multi-disciplinary experts continually assess markets for opportunities that offer sustainable growth streams.

Our partnerships are made possible by a dedicated team of property finance experts with extensive experience in structuring tailor-made, innovative financing solutions. We are excited to have successfully assisted Gateway Real Estate Africa (GREA) in funding the development of their 90-unit residential complex in Nairobi.

Green, clean, energy is the way to go.

Our R5,2bn deal with Globeleq demonstrates our commitment to the financing of clean energy and the acceleration of investments that make a sustainable impact on the communities we serve.

The bravery to imagine. That’s Africanacity.

Absa has paved new collaborative pathways in the form of a US$50 million risk-sharing facility with Development Financial Institution and Impact Investor, CDC Group.

It takes partners with strong foundations to build a brighter future. We’re proud to have successfully funded the Amdec Group for the construction of Harbour Arch, a mixed-use development comprising six residential towers.

Contributing R2.5 billion in capital funding to Teraco's data centre infrastructure development. That's Africanacity.

Refinancing of R958M

Commercial Property Finance with a positive outlook.

Commercial Property Finance with a positive outlook.

New Absa deal expected to inject R2 billion into South Africa's economy and attract R6 billion worth of new business sales opportunities.

Absa assists Angola’s national air carrier in acquiring six De Havilland Dash 8-400 aircrafts to the value of US$55 million.

Absa successfully concludes first cross-border CPF transaction to the value of US$40 million in Mozambique.