Absa shines in sustainable finance awards

Absa Corporate and Investment Banking (CIB) was recognised as Africa’s finest Pan-African corporate finance and investment bank at the 2023 Bonds, Loans & ESG Capital Markets Africa Awards.
The bank was named Bank Treasury & Funding Team of the Year, West Africa Investment Bank of the Year, and ESG Loan Deal of the Year for the Harmony Gold ZAR 10.4 billion Multi-Tranche, Multi-Currency (ZAR 2.5 billion RCF, USD 300 million RCF, USD 100 million Term Loan) Sustainability-Linked Syndicated Loan, which was completed in May 2022.

“We are gratified by this recognition, showcasing that we have the expertise, capabilities and balance sheet to undertake significant deals on the continent, especially our track record on leading sustainable finance and ESG solutions offerings in the markets,” says Narisa Balgobind, Head of Africa Debt at Absa CIB.

Balgobind continues: “We bring a competitive advantage in that we not only have experience and feet on the ground in Africa, but we are also able to deliver globally recognised solutions.”

Bonds, loans, and socially responsible capital markets Africa is the continent’s sole Pan-African debt event, bringing together African and international banks, borrowers, issuers, investors, and financial service providers. Bonds, Loans & Sukuk Africa, now in its 12th year, has become a must-attend event for anybody interested in borrowing, raising funds, advising on, or investing in Africa’s debt markets.

“With nearly half of the audience being private and sovereign borrowers and issuers, as well as investors, international banks, lawyers and rating agencies, the event provides the ideal platform to engage in real business deals, and to discuss the latest developments in the African structured finance and debt market environment. We are proud to have been recognised here.” concludes Michelle Davis, Senior Investment Banker at Absa CIB.