Row rect Shape Decorative svg added to bottom 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 AWARDS The Asian Banker Awards 2025 Absa Corporate and Investment Banking (CIB) is proud to be recognised as the Best Trade Finance Bank in South Africa and Mauritius by The Asian Banker Middle East and Africa Finance Awards 2025, one of the region’s most rigorous and prestigious benchmarks of excellence in financial services. Read more RISK MANAGEMENT Africa Digital Assets Report 2025 The future of digital assets will be built on trust. Across Africa, digital assets are accelerating from speculative hype to real institutional utility. But while the demand is rising, confidence has not yet caught up. Read more AWARDS Powering business growth through digital treasury solutions Honoured by EMEA Finance Treasury Service Awards 2025. Read more
