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 Building Namibia’s fiscal strength through purpose-led partnership Supporting the Government of the Republic of Namibia with a ZAR 1.5 billion facility that enables Eurobond repayment obligations and strengthens domestic fiscal resilience. Read more DEALS Distributed Energy. Powering Africa’s low-carbon leap Absa supports CrossBoundary Energy’s $225 million capital raise, contributing up to $100 million to expand renewable infrastructure, enable the mining of critical transition metals such as copper, and extend energy access across underserved African markets. Read more DEALS Seeding success through inclusive partnerships Absa has partnered with HEINEKEN Beverages on a R1.2 billion initiative to support black-owned SMEs across South Africa. As the Fund Administrator, Debt Funder, and Strategic Enabler, Absa will manage two development funds - the Supplier Development Fund and the Enterprise Development Fund to empower at least 125 black-owned SMEs. Read more
