Row rect Shape Decorative svg added to bottom DEALS Sustainably closing Africa’s trade finance gap Absa | Corporate and Investment Banking > Insights and Events > Sustainably closing Africa’s trade finance gap SHARE With the $150 million loan successfully secured by Absa from the British International Investment (BII) PLC, Africa takes a prominent step towards closing an economic divide. Driven by our commitment to support our clients’ growth ambitions, we have partnered with BII to advance the efforts of the African Continental Free Trade Area (AfCFTA) agreement. This loan will not only enable us to play a leading role in closing Africa’s trade finance gap but extend liquidity to clients across geographic and trade product sets. By ring-fencing these funds towards sustainable business investments, such as youth and women-owned SMEs, we will drive local and global access to markets. Contact Mosa Tshabalala to find out more information https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Stewarding retirement confidence across generations Enabling trusted continuity and long-term confidence as custodian to Africa’s largest pension fund. Read more DEALS Investing in the infrastructure powering West Africa’s growth Economic progress depends on reliable power generation and long-term investment. Across West Africa, Genser Energy has built a platform that helps mines, manufacturers, utilities, and businesses access dependable energy supply. Read more DEALS Absa supports Redefine’s international growth Absa supports Redefine’s international growth through €106 million sustainability-linked financing transaction Read more
