Absa Bank secures new IFC financing ($150m)

This new funding is earmarked for the group’s green finance activities, which have been widely supported by donors in recent months.

24/11/2020 at 17h03, by Africa Business+

The senior debt line, totalling $150m, will run for three years, and will be channelled towards South Africa. Biomass and renewable energy are identified by the IFC as target investments.

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