CDC has bet over $300 million on Absa over the last in two years

CDC has bet over $300 million on Absa over the last in two years

The British donor has just released a new facility of $50 million for the pan-African bank, using new instruments. 

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            ▪ CDC has bet over $300 million on Absa over the last in two years

▪ The British donor has just released a new facility of $50 million for the pan-African bank, using new instruments. 

https://www.africabusinessplus.com/en/808248/cdc-has-bet-over-300-million-on-absa-over-the-last-in-two-years/

“We had two facilities in place with Absa: a trade finance loan and a risk-sharing facility, also for trade,” Jo Fry, investment director and head of intermediary credit for CDC, told Jeune Afrique Business+.

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