DEALS | 11 MAY 2021

Partnering to Power Africa


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.

Related Articles

Financial Sector Insights

Technology transforming finance: The state of play in Africa

Africa is emerging as a hotspot for innovation in financial ecosystems.

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.

Financial Sector Insights

Room for consolidation in the insurance sector in Africa

The insurance sector in South Africa could benefit from the consolidation of small, independent and unprofitable brands into bigger and stronger players.