Distributed Energy. Powering Africa's low-carbon leap.

Our partnership with CrossBoundary Energy (CBE)  - one of the largest private power suppliers to the Commercial and Industrial sectors in Africa, providing zero-capex energy solutions to mining, heavy industry, and telecoms sectors on the continent, reflects Absa CIB’s commitment to driving the just energy transition and unlocking Africa’s economic potential through innovative financing.

Through this $100 million financing solution, we are helping accelerate the delivery of clean, reliable, and affordable power to businesses that are driving economic growth and creating jobs across the continent. Structured across three tranches - early works, equity bridge, and senior debt facilities, the transaction enables CBE to expand its renewable energy portfolio in multiple African jurisdictions

As Senior Debt Participant and Sole Equity Bridge Lender, we played a key role in unlocking capital that fast-tracks construction timelines, supports early mobilisation, and ensures long-term energy access. This financing empowers CBE to advance key projects that will deliver sustainable power to some of Africa’s largest commercial and industrial players.

This partnership reinforces our continued commitment to financing Africa’s energy transition while promoting sustainable growth and energy access across the continent.