DEALS | 20 MAY 2022 Building a new standard for investing in Africa Absa | Corporate and Investment Banking > Insights and Events > Building a new standard for investing in Africa SHARE 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. This historic transaction exemplifies our credentials as one of the premier investment banks in Nigeria and across the African continent, despite the continued strain on the Nigerian economy. We are proud of the success of this deal as it demonstrates our expert knowledge in providing tailored debt and capital raising solutions for our corporate clients in Nigeria and across the African continent. The bravery to imagine. That’s Africanacity. Contact us: Kumeshen Naidoo Solly Odidison https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Powering progress for a cleaner energy future We are proud to partner with Mulilo and Air Products South Africa on a transformative 75MWAC solar PV power plant in the Northern Cape. The Ukuqala Project marks a significant step in advancing South Africa’s renewable energy transition and securing a low-carbon future. Read more DEALS Driving purposeful partnerships to advance retail growth in Africa At Absa CIB, we’re committed to building partnerships that create lasting value for both businesses and communities. Our collaboration with Garden City Mall in Nairobi, Kenya, highlights this commitment as we help drive sustainable growth and economic opportunity in one of East Africa’s largest retail developments through a USD 37,3 million commercial property financing transaction. Read more DEALS Driving a greener energy value chain We are pleased to share that Absa has successfully acted as Co-Mandated Lead Arranger, Facility Agent and Hedge Provider alongside Nedbank for Pele Green Energy’s Sonvanger 100MW solar PV power project. This R2.2 billion project is a landmark transaction for Pele Green Energy, positioning them as a leading developer in South Africa’s renewable energy sector. Read more
