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 INSIGHTS SERIES NBFI Insights As one of the largest funders of agricultural projects in sub-Saharan Africa, we are fortunate enough to have access to some of the most sophisticated farmers and agri-processing professionals on the continent. Couple this with the fact that we are one of the largest card issuers in South Africa and have access to data-rich consumer insights; we are uniquely positioned to track the journey of agriculture projects from farm to fork. Read more Financial Sector Insights Technology transforming finance: The state of play in Africa Africa is emerging as a hotspot for innovation in financial ecosystems. Read more Financial Sector Insights New entrants are disrupting the financial institutions group sector Challenger entrants are changing the face of the FIG sector, impacting this year’s significant trends. Read more
