Driving purposeful partnerships to advance retail growth in Africa

Absa | Corporate and Investment Banking > Insights and Events > Driving purposeful partnerships to advance retail growth in Africa
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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.

As a primary lender, our role extends beyond financing by providing bespoke deal structuring solutions enabling Garden City Mall to meet their business goals. We utilise our strengths as a pan-African bank to unlock long term capital certainty and interest rate risk management over the funding lifetime of the commercial property.  By providing a sustainable framework that strengthens Garden City Mall’s goals, we’re helping to secure the economic viability of one of East Africa’s largest first integrated residential, retail and office (mixed-use) developments.

This partnership is just one example of how we're empowering Africa’s tomorrow, together… one story at a time.

Contact us for more information

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