SECTOR EXPERTISE Diversifieds and Industrials Absa | Corporate and Investment Banking > Sector Expertise > Diversifieds and Industrials Deep support for the sector that’s the heartbeat of the economy We understand the multi-faceted requirements of Diversifieds and Industrials and draw on deep networks and long-term partnerships to support our clients. YEARS OF HERITAGE150 PRESENCE IN AFRICAN COUNTRIES12 THOUGHTS FROM OUR LEADERS Today’s challenges require future-focused insights and solutions Diversifieds & Industrials is the heartbeat of local and regional economies. At Absa CIB, the Industrials sector encompasses listed diversified groups that operate predominately in logistics, capital equipment (serving the mining, construction and agriculture sectors), automotive and packaging. A common denominator of the entities in this arena is that each is inextricably linked to the other sectors of the economy. The pandemic has impacted the sub-sectors in various ways. For instance, the automotive sector has been hit hard and will require a long-term view for recovery. The pace of disruption in logistics has accelerated as manufacturers and retailers de-risk their operations by diversifying their supply chains, logistics companies will have to adapt their business models accordingly. Given the asset-intensive and cyclical nature of the capital equipment sub-sector, these companies will increasingly look to partnerships and creative solutions for financing. And finally, the alcohol and tobacco bans have significantly impacted the packaging sub-sector. Over the coming months we expect to see mergers, acquisitions and consolidation across these various sectors as we recover from the pandemic. Absa’s strong sector-focus across industries positions us well to support Diversifieds and Industrials, leveraging our macro view to understand how different sub-sectors interlink and impact each other. We foresee exciting opportunities to partner with our clients on solutions beyond traditional corporate and investment banking products as we move toward a new normal in a rapidly evolving world. Prasanna Nana Head: Diversifieds & Industrials and Technology, Media & Telecoms https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Latest insights Unique perspectives on factors impacting business today. RISK MANAGEMENT Centralising your FX Risk Remote working has broken down organisational borders, enabling multinational businesses to manage their FX risk from a single, centralised location. RISK MANAGEMENT Transactional Trends It has been said that 2020 was a year of survival and 2021 will arguably be the inflection point that presents pathways out of the pandemic. RISK MANAGEMENT Mitigating the Climate Crisis and Driving Inclusive Growth Africa is facing the triple challenge of inequality, climate change and the post-pandemic economic recovery. 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SUBSCRIBE NOW OUR TRACK RECORD Feedback from our clients “Absa provided us with advice on matters related to project finance and maximising interest income on excess cash. The service received has been outstanding and we have had better-than forecasted interest earnings as a result of the guidance and restructuring provided by Absa CIB. We have also received substantial support for decision making purposes when it comes to financial instruments held with Absa.” Dorper Wind Farm – South Africa President, Trade Association - Africa "Absa has been a partner bank to ACWA Power since our first successful project bid, providing the group with project financing, working capital as well as mandated as the account bank for the project. Absa has provided great value through its service, tailored solutions, valuable insights and advisory to the group." ACWA Power – UAE and Africa President, Trade Association - Africa "As a partner bank to Marubeni for over 6 years, the Absa team has provided awesome service in assisting us to establish our South Africa office. Their always-available attitude has supported us to facilitate our entry into both the South African and African Market." Marubeni Middle-East & Africa Power Limited – Japan President, Trade Association - Africa "Having a Pan-African banking partner is very important to the group as it gives us a competitive advantage in the market. We are now able to go for the projects we want because we have a partner bank that understands our business and is ready to help us materialise our growth ambitions in the continent." Gransolar Group – Spain President, Trade Association - Africa Contact us 0860 500 703 +27 (0) 10 211 3117 rsc.corpprc@absa.co.za Subscribe for quarterly updates Analysis and data-driven insights for a changing world – delivered directly to your inbox. 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