Row rect Shape Decorative svg added to bottom DEALS | 07 DECEMBER 2021 Setting the scene for Africa’s digital growth Absa | Corporate and Investment Banking > Insights and Events > Setting the scene for Africa’s digital growth SHARE Realising Africa’s digital ambitions will be achieved through collaboration and innovative funding solutions. We are proud to have acted as the mandated lead arranger, facility agent and original lender to fund the acquisition of MultiChoice’s increased stake, from 20% to 49%, in Pan-African digital and sports entertainment platform, KingMakers. We enabled this with a R4bn syndicated term loan facility, following a highly competitive bidding process. This transaction creates a natural extension for MultiChoice to enhance its offering with a more comprehensive product offering. It also cements MultiChoice’s ambition to strengthen its leadership position in the industry across the African continent. We continue to pride ourselves in being a Pan-African bank that makes significant transactions like this possible, and contributing to the continent’s digital evolution. The bravery to imagine and the will to get things done. That’s Africanacity. Please contact our Head of SA Debt Chetan Jeeva to find out more https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles CHAMPAGNE The 23rd Edition of the Absa Champagne in Africa Festival returns in 2025, Now Elevated with a National Expansion Absa is proud to announce the 23rd edition of the Absa Champagne in Africa Festival, the continent’s most distinguished celebration of authentic French champagne and luxury culture. Returning on Friday, 14 November 2025 at the iconic Summer Place in Sandton Read more EVENTS B20 South Africa 2025 Absa Group has joined B20 South Africa 2025 as a Diamond Sponsor, underscoring our commitment to promoting inclusive and sustainable growth across Africa. Read more EVENTS GTR Africa 2025 The future of African trade is being shaped by today’s conversations. As a proud sponsor of GTR Africa Cape Town 2025, we are at the forefront of these discussions. Read more