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 Economic growth that supports local communities We are pleased to have acted as a Joint Mandated Lead Arranger, Coordinator, Account Bank, Facility Agent and Security Agent for a USD 80m Borrowing Base Facility to Volcafe, the coffee division of the global ED&F Man Group, to finance their East Africa coffee operations. Read more DEALS Supporting Sustainable Commercial Property Finance Solutions We are pleased to have acted as Lender and Sustainability Coordinator for Vukile Property Fund Limited’s R1.1 Billion green and sustainability-linked loans. Read more DEALS Supporting Growth in Global Fashion Retailing We are pleased to have acted as Joint Mandated Lead Arranger and original lender for TFG Brands (London) Limited’s £90m revolving credit facility. Read more
