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ABSA

Absa secures US$150m from BII

Absa has successfully secured a US$150m facility from British International Investment (BII) plc as part of its mission to help close the trade finance gap in Africa. BII is the UK’s Development Finance Institution (DFI) and impact investor, focused on...

#ABSA#BII#sustainability

IFC and Absa provide trade facility to Valency

IFC, a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its…

#ABSA#IFC#trade finance


AfDB supports Absa’s sustainable lending with ZAR 2.7 billion...

The Board of Directors of the African Development Bank has approved a financial package for Absa Group Limited comprising a…

#ABSA#AfDB#sustainable finance


Invoice finance fintech UsPlus raises US$10m in debt capital

Verdant Capital, a Mauritius-based corporate finance firm, recently negotiated US$10m ... (more…)

#ABSA#invoice#management


Absa and Addendum Financial Services processed more than 20,000...

Absa in collaboration with Addendum Financial Services (Addendum) provides... (more…)

#ABSA#supply chain finance


CDC adds US$75m to its trade finance deal with...

CDC, a UK-based development finance institution, has announced an additional US$75m commitment to... (more…)

#ABSA#CDC


Barclays Africa names new regional head of trade

...has joined Barclays Africa as regional head of trade (excluding South Africa) in Johannesburg... (more…)

#ABSA#bank#global trade


Sasfin records excellent results

Banking and financial services group Sasfin posted another excellent result, with headline earnings up by (more…)

#ABSA#banks#commercial finance


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