MIGA’s Post

MIGA reposted this

View organization page for Absa Group, graphic

825,411 followers

4w Edited

We have concluded further agreements of US$501 million with the MIGA, a member of the The World Bank Group, freeing up additional financial capacity for investments in climate finance in several of the countries in which we operate in Africa. This brings the total amount of guarantees to US$1 billion. The agreement underscores our commitment to being an active #ForceForGood as it builds on our commitment to financing activities that enhance economic activity and promote sustainability. https://lnkd.in/dDa2hEVg

9 Comments

NWOYA CHARITY FOUNDATION (NCF)

This is impressive!

1 Reaction

UDF-Space

"Absa's expanded agreement with #MIGA underscores their commitment to #ClimateFinance and sustainable growth in Africa. A strategic move for future investments."

Richard Favis

Principal, Capital Markets Execution (Treasury) at Absa Group Limited

Well done Rolf Van Den Heever MCom FIA FASSA CERA and Tshepo Tau

3 Reactions

Asisipho Maliwa

Bcom Accounting graduate| UJ Alumni

Fantastic update! This is impressive.

Bennie Willemse

Tactical Response Team specializing in Close Protection and Site Management

Moving forward!

Zandile Gowa

not available at N/A

Good luck in your business

Sechaba Moeng

Congratulations!

Leon Gouws

Congratulations!

See more comments

To view or add a comment, sign in

More Relevant Posts

MIGA

77,350 followers
17h
Report this post
Last call for the #AfricaSFAwards! The Financial Times and MIGA celebrate innovative, financially viable projects that address Africa's challenges in #cleanenergy, digital connectivity, urban infrastructure, and ecosystems. Apply by July 31: http://wrld.bg/XncB50RSJRF FT Live
Like Comment
To view or add a comment, sign in
MIGA

77,350 followers
1d
Report this post
We cannot end poverty on a livable planet without gender equality. Learn how the World Bank Group is strengthening its resolve to #AccelerateEquality with our new gender strategy: http://wrld.bg/N1ze50SxnQ1 The World Bank
Like Comment
To view or add a comment, sign in
MIGA

77,350 followers
2d
Report this post
#Sustainability is at the core of everything we do. Find out how our guarantee helps expand metro-grid capacity by 15MW, benefiting 28,000 households and businesses in eastern DRC with affordable, reliable electricity. http://wrld.bg/5wUY50Srcku #RenewableEnergy
Like Comment
To view or add a comment, sign in
MIGA

77,350 followers
3d
Report this post
Tackling global challenges requires a united front. Discover how our new guarantee platform mobilizes private sector support to combat #poverty, #ClimateChange, and #FoodInsecurity, complementing the efforts of govts & multilateral orgs: http://wrld.bg/R4YN50SxntF #DevelopmentImpact IFC - International Finance Corporation
Like Comment
To view or add a comment, sign in
MIGA

77,350 followers
1w
Report this post
https://lnkd.in/eN7fEzUj

FT Live

51,771 followers
1w

Meet the Judges for the Africa Sustainable Futures Awards. Find out more at: https://bit.ly/3Wk2vRt The winner in each category will be announced at a special awards dinner on 30 October 2024 that will conclude the FT’s Africa Summit, a major event at the Peninsula London bringing together African government, business and finance. Swipe to meet the judges and submit your entry now! Submission deadline: 31 July 2024 #AfricaSFAwards MIGA

1 Comment
Like Comment
To view or add a comment, sign in
MIGA

77,350 followers
1w
Report this post
The Africa Sustainable Futures Awards highlight #sustainable development solutions. Why Africa? MIGA VP Ethiopis Tafara points to its rapid growth, youthful population, and abundant resources. Join us in shaping Africa's future! Apply by July 31: http://wrld.bg/XncB50RSJRF FT Live Financial Times
Like Comment
To view or add a comment, sign in
MIGA

77,350 followers
1w Edited
Report this post
The World Bank Group is pivoting from being primarily a lending institution to also being a leveraging one. For instance, every $1 deployed by MIGA mobilizes $15 in private capital. Learn more about how this shift is catalyzing #development: http://wrld.bg/J8Ta50SCti9

New Platform Leverages Power of Guarantees to Boost Private Financing

1 Comment
Like Comment
To view or add a comment, sign in
MIGA

77,350 followers
1w
Report this post
"Guarantees can be the final missing piece to unlock private capital in many lower-income countries in dire need of sustainable infrastructure." Read our blog to discover how the World Bank Group is leveraging this potential for impactful development. http://wrld.bg/1vWC50SBSNl The World Bank IFC - International Finance Corporation
Like Comment
To view or add a comment, sign in
MIGA

77,350 followers
1w
Report this post
#DYK that developing countries need $2.4 trillion annually by 2030 to tackle #climatechange, conflict, and pandemics? Read the blog to see how the World Bank Group’s new guarantees platform is designed to mobilize private capital to help bridge this gap. http://wrld.bg/1vWC50SBSNl IFC - International Finance Corporation The World Bank
2 Comments
Like Comment
To view or add a comment, sign in
MIGA

77,350 followers
2w
Report this post
"The future is what we make it." MIGA VP Ethiopis Tafara emphasizes the importance of a #sustainable future. The Africa #Sustainable Futures Awards showcase how ESG-integrated business models benefit business. Submit by July 31: http://wrld.bg/XncB50RSJRF FT Live Financial Times
Like Comment
To view or add a comment, sign in

77,350 followers

View Profile Follow

MIGA’s Post

More Relevant Posts

New Platform Leverages Power of Guarantees to Boost Private Financing

Explore topics