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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
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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

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