DEALS | 11 MAY 2021 Partnering to Power Africa Absa | Corporate and Investment Banking > Insights and Events > Partnering to Power Africa SHARE Making business visions a reality with a R11,6 billion renewable energy project Absa was appointed as a mandated lead arranger, senior lender and hedge provider for the Redstone Concentrated Solar Power project in the Northern Cape. The project will result in 100MW of clean power being produced for 200 000 homes and create employment for 2,000 members of the community at the peak of construction. Incorporating the bravery to imagine and the will to get things done, now that’s Africanacity. Contact Theuns Ehlers, Head of Resource and Project Finance to find out more https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles EVENTS Naamsa 2025 Discover new possibilities at the South African Auto Week, proudly sponsored by Absa and hosted by NAAMSA from 1 – 3 October 2025 in Gqeberha. As the automotive sector shapes the future, Absa stands alongside innovators and pioneers to drive growth, and shared prosperity. Read more EVENTS Sibos 2025 Artificial Intelligence is redefining global transactions with speed and intelligence. But the future of finance isn’t about faster systems alone. It’s about enabling access, building resilience and trust across payments, securities and cash management and trade - delivering clarity and confidence into every transaction. Read more AWARDS Absa CIB Recognised Among Africa’s Top Financial Innovators for 2025 We are proud to announce that the Absa Corporate and Investment Banking (CIB) Trade and Working Capital team has been recognised by Global Finance as one of Africa’s Top Financial Innovators for 2025. Read more
