Row rect Shape Decorative svg added to bottom Africa’s leading Trade Finance and Cash Management Middle East & Africa Innovation Awards 2023 Absa | Corporate and Investment Banking > Insights and Events > Africa’s leading Trade Finance and Cash Management – Middle East & Africa Innovation Awards 2023 SHARE We are proud to announce that Absa Corporate and Investment Banking has been awarded several accolades including Best Bank in Trade Finance and Cash Management in Africa at the Middle East & Africa Innovation Awards 2023. Being the leading financial partner for our clients in trade finance and cash management our continued determination and unrivalled expertise, we will continue contributing to the growth of your business. That is why accessibility, convenience and security were at the heart of our latest innovation, Absa Trade Management Online. TMO is a digital platform that allows clients to access our suite of Trade Finance Solutions, conveniently and securely online, no matter where they are. Thus, it brings us great pride to have our hard work and dedicated excellence towards accessibility to digitised Trade Finance awarded at this year's Middle East & Africa Innovation Awards. We were awarded for: Winner | Best Bank for Trade Finance in Africa Winner | Best Bank for Cash Management in Africa Winner | Best Trade Finance Platform Initiative in Africa Winner | Best API Initiative of the Year in Kenya https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles RISK MANAGEMENT No New JIBAR Prohibition With nine months remaining until the formal cessation of the Johannesburg Interbank Average Rate (JIBAR) on 31 December 2026, the South African Reserve Bank Prudential Authority (SARB PA) and the Financial Sector Conduct Authority (FSCA), together “the Authorities”, have issued a joint communication instructing financial institutions to stop initiating new JIBAR-linked transactions, products and exposures from 1 May 2026. Read more RISK MANAGEMENT The business playbook for a stronger rand Chris Paizis, Head of Client FX and International Banking at Absa CIB, outlines the options for corporate treasurers when the rand strengthens against the US dollar. Read more RISK MANAGEMENT How Finance Can Help Build More Integrated African Supply Chains If one were to speak to African suppliers who trade across borders, many would say that doing business within the continent can feel riskier than exporting beyond it. Especially for small and medium-sized enterprises (SMEs), information on counterparties is not always easy to obtain, regional currencies can be volatile and difficult to hedge, forward markets offer little depth, and access to affordable finance is often limited at precisely the moment it is needed most. Read more
