Row rect Shape Decorative svg added to bottom Capital that builds confidence in South Africa’s tomorrow Absa | Corporate and Investment Banking > Insights and Events > Capital that builds confidence in South Africa’s tomorrow SHARE Absa Corporate and Investment Banking (CIB) is proud to partner with the South African National Treasury as the sole lead arranger and infrastructure finance structuring agent of a R11.8 billion Infrastructure and Development Finance Bond. This purpose-driven instrument is designed to finance or refinance priority infrastructure under the Government’s Budget Facility for Infrastructure (BFI) programme. The innovative bond is designed to channel long-term capital into critical public infrastructure projects across South Africa, empowering national priorities. Absa CIB’s appointment underscores the trust placed in our expertise and our ongoing commitment to delivering market-leading financial solutions that drive sustainable growth and impact. We are proud to support the South African National Treasury’s vision for economic resilience and inclusive development, reinforcing Absa’s role as a trusted partner to public institutions, investors, and markets. This milestone bond unlocks long-term investment for South Africa’s vital infrastructure to advance economic resilience and inclusive growth for all South Africans. The successful execution of this transaction is a testament to our ongoing efforts to shape impactful, developmental outcomes for South Africa’s future. Testament to Absa’s proven expertise and unwavering commitment to sustainable, impactful financial solutions, this milestone transaction demonstrates Absa CIB’s dedication to driving positive change for our nation, our client, and our markets. We are invested in your story, and we invite you to write it with us. Your browser does not support the video tag. Press Release(opens in new tab) https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Supporting cleaner fuels and long-term energy resilience Natref is investing in refinery upgrades that support cleaner-fuel readiness, operational continuity and South Africa’s inland fuel supply. Read more DEALS Absa supports Growthpoint Healthcare Property Holdings’ expansion into the senior living sector The appointment of Absa as Master Custodian to South Africa's Government Employees Pension Fund (GEPF) has understandably attracted attention within institutional investment circles. The GEPF is not only Africa's largest pension fund but one of the continent's most significant pools of long-term capital. Read more DEALS Absa supports Ilitha’s expansion of fibre connectivity across underserved communities Absa Corporate and Investment Banking (CIB) has successfully supported Ilitha Telecommunications through a R500 million financing facility that will enable the expansion of its fibre network across South Africa’s township economies. Read more
