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 Empowering African Aviation to Soar Higher Absa Corporate Investment Banking enables strategic fleet reintegration and regional expansion for AELF and SAA with a USD 31 million aircraft refinancing solution. Read more DEALS Energising Progress with Africa’s Largest Standalone Battery Facility We are proud to have played a pivotal role in one of Africa’s most significant energy milestones: the Red Sands Battery Energy Storage Project which is set to become the continent’s largest standalone battery energy storage facility to date to move towards construction. Read more DEALS Supporting expansion in SA’s healthcare property market Absa CIB partners with Growthpoint Healthcare Property Holdings on a R950 million facility to finance healthcare infrastructure. Read more
