Row rect Shape Decorative svg added to bottom Seeding success through inclusive partnerships Absa | Corporate and Investment Banking > Insights and Events > Seeding success through inclusive partnerships SHARE That’s how we are invested in your story. Absa has partnered with HEINEKEN Beverages on a R1.2 billion initiative to support black-owned SMEs across South Africa. As the Fund Administrator, Debt Funder, and Strategic Enabler, Absa will manage two development funds - the Supplier Development Fund and the Enterprise Development Fund to empower at least 125 black-owned SMEs. Along with funding, these businesses will receive financial literacy training, market access, business development services, and integration into value chains. This partnership goes beyond capital deployment, it's about creating jobs, unlocking potential, and reshaping South Africa's SME landscape. Absa remains committed to driving inclusive growth, enabling financial inclusion, and building resilience for black-owned businesses. Absa is also dedicated to bridging capital with purpose, driving meaningful impact where it’s needed most We are invested in your story and we invite you to write it with us. Your browser does not support the video tag. Press Release Contact Form Share your details with us and a banking expert will get in touch you at your convenience. CONTACT INFORMATION Name Surname Job title Company name Company e-mail address Contact number (with country code) Are you an existing Absa client? Yes No HOW CAN WE HELP YOU What is your query related to? Please choose an option Get in touch Trade Management Online SIBOS Absa Insights Series Eurofinance Champagne in Africa Commercial property Connect with an FX expert Absa Access or Electronic Collections Trade and Working Capital I would like to sign up for marketing communications from Absa CIB Continue By clicking Continue, I confirm that I have read and accepted the Terms of Use and Privacy Statement. https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Partnering to continue harnessing wind power for a greener future Absa Corporate and Investment Banking (CIB) is proud to have acted as Joint Mandated Lead Arranger, Senior Lender and Hedge Provider for the R5 billion financing of Seriti Green’s 155MW wind project, which will supply clean, reliable power to NOA over the next 25 years. NOA is a leading renewable energy independent power producer and aspirant energy trader owned by the Old Mutual Group through the Africa Infrastructure Investment Managers (AIIM) and the IDEAS Fund. Read more DEALS Reinvesting in energy that keeps Africa moving Absa Corporate and Investment Banking has partnered with Infinity Power (IPH) in a landmark US$372 million refinancing of an existing 368MW Bid Window 3 wind portfolio under South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), including the Noupoort Wind Farm, Loeriesfontein 2 Wind Farm and Khobab Wind Farm, located in the Northern Cape. Read more DEALS Bridging markets to unlock bold ambitions Absa Corporate and Investment Banking (CIB) acted as the sole South African bank appointed as Global Coordinator, Joint Bookrunner and Dealer Manager in the successful issuance of a US$500 million international bond for Bidvest. Read more
