Row rect Shape Decorative svg added to bottom Financing agricultural growth across Southern Africa Absa | Corporate and Investment Banking > Insights and Events > Financing agricultural growth across Southern Africa SHARE Absa Corporate and Investment Banking arranged a USD350m financing facility for United Capital Fertilizer Ltd (UCF) to help scale production and improve fertilizer supply across key African markets. Absa acted as Mandated Lead Arranger, Bookrunner and Sole Underwriter, structuring tailored medium-term and working capital facilities aligned to UCF’s growth needs. The funding will help UCF secure critical inputs, optimise production cycles and better serve Zambia and regional export markets. Through this transaction, Absa is contributing to stronger agricultural value chains, more resilient food systems and cross-border trade across Southern Africa. We are invested in your story, and we invite you to write it with us. For more information, contact: Brian Kalero Muteka Mudenda Narisa Balgobind https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Advancing renewable energy resilience through structured finance Absa Corporate and Investment Banking supported Envusa Energy, a joint venture between Anglo American and EDF Power Solutions, in the financing of the Sishen Solar PV project. The embedded renewable energy facility will supply solar power directly to the Sishen Iron Ore Mine in the Northern Cape, South Africa. Read more 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
