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 Bridging markets to unlock bold ambitions Absa Corporate and Investment Banking (CIB) acted as the sole South African bank appointed as Global Coordinator, Joint Bookrunner and Dealer Manager in the successful issuance of a US$500 million international bond for Bidvest. Read more DEALS Advancing greener goals with solar progress At Absa CIB, we believe progress is measured not only by what we build, but by the future we help shape. That’s why our R2.2 billion financing of Red Rocket’s Tournee solar project goes beyond infrastructure – it’s accelerating South Africa’s renewable energy transition for lasting impact. Read more DEALS Innovative Benchmark Solutions Advancing Oil Supply Growth We structured a unique ZARONIA-linked debt facility, to foster supply chain resilience and drive innovation in the South African FMCG sector. Read more
