Row rect Shape Decorative svg added to bottom

Driving purposeful partnerships to advance retail growth in Africa

Absa | Corporate and Investment Banking > Insights and Events > Driving purposeful partnerships to advance retail growth in Africa
SHARE
Facebook
Twitter

At Absa CIB, we’re committed to building partnerships that create lasting value for both businesses and communities. Our collaboration with Garden City  Mall in Nairobi, Kenya, highlights this commitment as we help drive sustainable growth and economic opportunity in one of East Africa’s largest retail developments through a USD 37,3 million commercial property financing transaction.

As a primary lender, our role extends beyond financing by providing bespoke deal structuring solutions enabling Garden City Mall to meet their business goals. We utilise our strengths as a pan-African bank to unlock long term capital certainty and interest rate risk management over the funding lifetime of the commercial property.  By providing a sustainable framework that strengthens Garden City Mall’s goals, we’re helping to secure the economic viability of one of East Africa’s largest first integrated residential, retail and office (mixed-use) developments.

This partnership is just one example of how we're empowering Africa’s tomorrow, together… one story at a time.

Contact us for more information

Related Articles

DEALS

Absa supports Waco Africa’s growth ambitions with strategic funding solution

Absa Corporate and Investment Banking (CIB) has successfully supported Waco Africa with a comprehensive funding package designed to strengthen the group's growth trajectory and support its long-term strategic objectives.

DEALS

Connecting African ambition to global expertise

Absa CIB and UKEF Establish USD100 Million Trade Finance Programme. Absa Corporate and Investment Banking (Absa CIB) has entered into a strategic partnership with UK Export Finance (UKEF) to establish a USD100 million UKEF-backed headroom programme that will support African small and medium enterprises and corporates purchasing UK goods and services.

DEALS

Financing agricultural growth across Southern Africa

Absa Corporate and Investment Banking arranged a USD350m financing facility for United Capital Fertilizer Ltd (UCF) to help scale production and improve fertilizer supply across key African markets.