DEALS | 07 DECEMBER 2021

Setting the scene for
Africa’s digital growth

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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.

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