Row rect Shape Decorative svg added to bottom DEALS Enabling sustainable Pan-African growth ambitions Absa | Corporate and Investment Banking > Insights and Events > Enabling sustainable Pan-African growth ambitions SHARE Absa acted as Mandated Lead Arranger, Lender and Facility Agent in financing EnviroServ’s acquisition of the remaining 50% portion of Vissershok Waste Management. In 2022, we supported a consortium comprising of SUEZ, Royal Bafokeng Holdings and African Infrastructure Investment Managers (AIIM) as joint Mandated Lead Arranger for the financing of the acquisition of EnviroServ. EnviroServ is a dominant pan-African waste treatment service provider. In October 2023, further to the above transaction, as Mandated Lead Arranger, Lender, and Facility Agent we supported EnviroServ to acquire the remaining 50% in Vissershok. EnviroServ will now have 100% interest in their most significant asset. In our journey to turn Africa green, we lead with deep sector expertise to create access and ensure our clients realise their ambitions. Contact Chetan Jeeva for more information 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
