Row rect Shape Decorative svg added to bottom Unlocking Africa's Trade Potential Absa | Corporate and Investment Banking > Insights and Events > Unlocking Africa’s Trade Potential SHARE We are proud to announce our partnership with British International Investment, a collaborative effort aimed at addressing Africa's significant trade finance gap. By providing essential funding to African banks, this initiative is helping small and medium-sized enterprises (SMEs)—many led by women and youth—compete and thrive in the marketplace. With a commitment of $150 million, our partnership seeks to close the estimated $100-120 billion trade finance gap across the continent. This initiative not only supports the advancement of the African Continental Free Trade Area (ACFTA) but also fosters a more resilient and sustainable economy for all. As a recognised 2X investment company, we are dedicated to promoting gender equality, inclusive leadership, and social impact within our workplace and beyond. We would also like to extend our special thanks to FI Trade Sales, TWC Legal, and FI Trade Product for their invaluable contributions to this partnership. Together, we continue to build a future filled with opportunity, inclusion, and lasting impact for generations to come. Connect with us and find out more about our solution Contact Mosa Tshabalala for more information Contact Carmel Kistasamy for more information That's how we are invested in your story. Your story matters. Absa. https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Absa supports Redefine’s international growth Absa supports Redefine’s international growth through €106 million sustainability-linked financing transaction Read more DEALS Absa supports Waco Africa’s growth ambitions with strategic funding solution Absa Corporate and Investment Banking (CIB) has successfully supported Waco Africa with a comprehensive funding package designed to strengthen the group's growth trajectory and support its long-term strategic objectives. Read more DEALS Connecting African ambition to global expertise Absa CIB and UKEF Establish USD100 Million Trade Finance Programme. Absa Corporate and Investment Banking (Absa CIB) has entered into a strategic partnership with UK Export Finance (UKEF) to establish a USD100 million UKEF-backed headroom programme that will support African small and medium enterprises and corporates purchasing UK goods and services. Read more
