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 https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Enabling mining development to support South Africa’s economic growth Absa CIB acts as joint mandated lead arranger, hedge provider, account bank and facility agent for West Wits Mining’s Qala Shallows Gold Project Read more DEALS Backing bold growth in Ghana Across Ghana’s manufacturing and consumer goods landscape, the need to scale efficiently, strengthen local production and remain competitive continues to grow. Read more 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
