DEALS We are pleased to have overseen the USD 50m Structured Finance Deal to boost Africa’s agricultural trade Absa | Corporate and Investment Banking > Insights and Events > We are pleased to have overseen the USD 50m Structured Finance Deal to boost Africa’s agricultural trade SHARE We are pleased to announce our role as the lead bank in a USD 50 million Structured Inventory Finance Facility for Valency International DMCC. This facility, secured in partnership with International Finance Corporation (IFC), positions Valency at the centre of sourcing, processing and exporting agricultural goods from East and West Africa to international markets. This deal highlights Absa’s prowess in organising dynamic multi-jurisdictional financial solutions while fulfilling our economic growth, regional trade and sustainability missions. The support offered to Valency’s operations will directly result in our contributing to the food security and economic growth of many communities across the African continent. The facility enforces a strict alignment with Absa and the IFC’s sustainability framework, which ensures a firm approach to managing environmental, social and governance (ESG) risks. This ensures adherence to high standards in the areas of environmental risk assessment, labour conditions, resource efficiency and conservation. Contact Tshimbi Ntuli for more information 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
