Invest Africa, Absa Group collaborate on business devt, investment

Invest Africa, the leading trade and investment platform for African markets, and Absa Group, one of Africa’s largest diversified financial services groups, have announced a strategic collaboration aiming to support the development of business and investments on the continent, and the growth of Absa Group as leading retail, corporate and investment bank in Africa.

The new alliance combines Absa Group’s position as an expert in providing a gateway to opportunities in Africa, with the well-established network of Invest Africa, to promote trade and investment across the African continent.

The collaboration will include a program of initiatives such as events, podcasts and reports, focused on the growth of businesses and investments in Africa and the development of sustainable finance. As trusted partners on the ground and a diverse African bank of significant stature, with the global connectivity to deliver Africa, the Absa Group’s collaboration will focus on promoting local financial solutions in African markets and the growth of the group’s position in the market both on the continent. and globally.

Karen Taylor, CEO of Invest Africa, said: “The role of the financial services sector in stimulating economic development across Africa has never been more important than it is today. We are delighted to be able to support the Absa Group as Africa’s premier retail, finance and investment bank and help the organization achieve its mission of providing sustainable access to finance across Africa.

Cheryl Buss, Managing Director of Absa International, commented, “As a truly African bank with a deep understanding of the continent, we help our clients create solutions tailored to their needs that drive growth. As such, we are delighted to collaborate with Invest Africa. Association with such a well-established organization is an important part of our commitment to act as a corridor to the continent and to support international companies that operate or are interested in doing business in Africa.