SECTOR EXPERTISE Power, Utilities and Infrastructure Absa | Corporate and Investment Banking > Sector Expertise > Power, Utilities and Infrastructure Your partner in facilitating complex projects across the continent We provide tailored financing solutions and expertise to meet Africa’s growing energy and infrastructure demands. TOTAL DEAL VALUE R70bn + DEALS DONE 33 + THOUGHTS FROM OUR LEADERS Powering up the African continent One of the key factors inhibiting commerce and development in Africa is the inadequacy of world class infrastructure to support power, water, ICT and transport services – therein lies an enormous opportunity for firms operating in this sector. Electric power has consistently attracted the largest portion of new capital in Africa. And yet the continent still only has an electrification rate of 30%, thus power remains a substantial area for potential growth. Beyond electricity, significant opportunities exist more broadly across infrastructure – these include roads and rail networks, telecoms, ports & airports, healthcare and social infrastructure. While the need is clear, the financing of these projects remains a challenge. The African Development Bank (AfDB) estimates that Africa’s infrastructure requirements amount to between US$130 billion and US$170 billion per year – with a financing gap in the range of US$68 billion and US$108 billion. These figures are far higher than previous estimates. As a leading pan-African financier, with an on-the-ground presence in 10 countries across the continent, we believe we have a key role to play in closing this gap. At Absa CIB, we work with multinationals, developers, engineering, procurement and construction firms, equipment manufacturers and other stakeholders, and pride ourselves on having the necessary expertise to structure the complicated funding of large infrastructure projects in emerging markets – assisting our clients to navigate the associated risks to win in these territories. We partner with you to make things happen. Bhavtik Vallabhjee Head: Power, Utilities & Infrastructure https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Latest insights A look at the factors driving infrastructure projects across the continent today. PUBLIC SECTOR Why Budget 2025 Must Reignite SA’s Industrial and Services Sectors At the inception of South Africa's sixth administration in 2019, government took a bold decision to replace the annual Industrial Policy Action Plans (IPAPs) with sector-specific master plans. Read more RESOURCES AND ENERGY Evolving Supplier Development Alongside the Future of African Mining In the late '80s, Anglo American pioneered an innovative supplier development model in South Africa. Read more PUBLIC SECTOR It’s a Go for Governance: How Banks can responsibly connect Global Donor Organisations and SMEs Almost five years since that first terrifying lockdown, small and medium enterprises (SMEs) across the African continent are still feeling the impact of the global pandemic. Read more PUBLIC SECTOR Breaking barriers to female leadership in the South African financial sector It isn’t for lack of ambition or ability that women in corporate South Africa find the C-suite doors often shut. Read more PUBLIC SECTOR Supporting Women Entrepreneurs to close the finance chasm Broadening our horizons. Cementing our purpose. Crafting our stories. These are the things all women want to do, yet for many across Africa, there are persistent obstacles preventing us from fully realising our potential. Read more PUBLIC SECTOR Financing Frontiers: Navigating SME Financing Dynamics with DFIs A single catalytic loan. For many South African SMEs (Small and Medium Enterprises), this can be the difference between barely covering expenses and the start of a profitable, multimillion-rand operation. Read more Subscribe to newsletter Please enter your contact information to receive news and updates. Full Name Company email address I would like to receive marketing communications from Absa CIB Subscribe By clicking Subscribe, I confirm that I have read and accepted the Terms of Use and Privacy Statement. 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. Subscribe now Rate our website How would you rate your overall satisfaction with this website? 1 2 3 4 5 Great! Please tell us more What did you like most about the website? 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