Row rect Shape Decorative svg added to bottom 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 SHARE 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 https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Bridging markets to unlock bold ambitions Absa Corporate and Investment Banking (CIB) acted as the sole South African bank appointed as Global Coordinator, Joint Bookrunner and Dealer Manager in the successful issuance of a US$500 million international bond for Bidvest. Read more DEALS Advancing greener goals with solar progress At Absa CIB, we believe progress is measured not only by what we build, but by the future we help shape. That’s why our R2.2 billion financing of Red Rocket’s Tournee solar project goes beyond infrastructure – it’s accelerating South Africa’s renewable energy transition for lasting impact. Read more DEALS Innovative Benchmark Solutions Advancing Oil Supply Growth We structured a unique ZARONIA-linked debt facility, to foster supply chain resilience and drive innovation in the South African FMCG sector. Read more
