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 Powering South Africa’s energy transition through scalable infrastructure solutions Absa Corporate and Investment Banking partnered with Mulilo Energy Holdings on the financing of the 77MW / 308MWh Hartebeesfontein Battery Energy Storage System (BESS) project, acting as Joint Mandated Lead Arranger, Senior Lender, Hedge Provider and Agent Bank. Read more DEALS Empowering sustainable growth, one phase at a time. We successfully supported the syndication of a USD700 million facility for the Ivanplats Phase 2 expansion – one of the country’s largest new mining projects in more than a decade. Read more DEALS Expanding trade finance access across African markets Access to trade finance remains a key enabler of growth across Africa. Read more
