DEALS

Sustainably closing
Africa’s trade finance gap

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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. ​

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