Row rect Shape Decorative svg added to bottom Fuelling stories of sustainable growth in local communities Absa | Corporate and Investment Banking > Insights and Events > Fuelling stories of sustainable growth in local communities SHARE We’re excited to announce that we're partnering with Cubisol Holdings in a transformative real estate deal that champions sustainable development and community impact. As the sole financier in this R1.13 billion redevelopment of Soshanguve Mall, we’re reinforcing our commitment to sustainability and to creating value where it matters most. Our support goes beyond funding – we’re helping Cubisol achieve its long-term sustainability goals through environmentally responsible practices. From appointing independent environmental compliance monitors, to partnering with Imbue Sustainability to explore groundwater usage, this project prioritises both ecological stewardship and community well-being. In addition, this redevelopment promises more than just a modern retail experience. By working with local business forums, associations and community representatives, Cubisol is actively supporting job creation, economic growth and sustainable livelihoods. The Soshanguve Mall project will create approximately 7 733 jobs during construction and over 3 700 full-time roles, thereafter, contributing an estimated R739 million in national earnings during the build phase alone. Contact us for more information https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Strengthening market access through funding diversification Lewis Group has returned to the public bond market after 13 years, raising R1.1 billion through a senior unsecured bond auction. Read more DEALS Absa supports multi-family residential growth with a R355 million Social Loan for Live Easy Absa Corporate and Investment Banking (CIB) has provided a R355 million Social Loan to multi-family residential developer Live Easy, which reinforces a growing relationship aimed at expanding access to quality, affordable rental housing in South Africa. Read more DEALS Supporting cleaner fuels and long-term energy resilience Natref is investing in refinery upgrades that support cleaner-fuel readiness, operational continuity and South Africa’s inland fuel supply. Read more