Latest Absa Articles

Country Focus
Africa: Navigating the Continent of Opportunity

From political instability to FX illiquidity, investing in Africa is not without its challenges. However, with untapped markets, high growth rates and a young population with an increasing spending capacity, investment...

Risk Management
Corporate FX Hedging in Evolving African Markets

Unprecedented economic shifts in global markets have created uncertainty across the board, fuelling currency volatility particularly in emerging market economies. As a result African currencies tend to take the brunt...

Risk Management
Let’s Do the Time Warp Again…

“Out of all the things I’ve lost, I miss my mind the most …” Mark Twain Think back carefully about your career - for those of us who have been around for long enough, what has really changed in the last...

Country Focus
Africa: A Continent of Opportunities

In this interview, CJ Giddy, International CEO, Absa Securities UK Limited, a part of the Absa Group, one of Africa's largest financial services groups, talks to Eleanor Hill, Editor, TMI, about the growth of the...

Latest Absa News

Surecomp Enables Absa Group’s Roll Out of Pan-African Trade Finance Digitisation Across 10 Countries

Toronto - Surecomp today announced that South African bank Absa Group has gone live with the latest version of its back-office trade finance solution IMEX in 10 countries across the continent as part of their ongoing digitisation initiatives. A Surecomp customer since 1998, Johannesburg-based Absa Group...

Fourth Annual Absa-OMFIF Report Shows African Markets Face Extreme Test of Resilience Due to Covid-19

Covid-19 has made the underlying structure and resilience of African financial markets a more important matter for domestic and international investors, as the continent grapples with returning to sustainable growth, the Absa Africa Financial Markets Index shows. Now in its fourth year, the index, which is...

CDC Announces Additional US$75 Million Trade Finance Deal with Absa as Part of Covid-19 Response

CDC Group, the UK’s development finance institution and impact investor, has today announced an additional US$75 million commitment to its existing trade finance facility with Absa Bank. The investment will provide systemic liquidity across CDC’s African markets and enable local banks to sustain...

ABSA Appoints New Chief Executive to Spearhead Bank’s International Ambitions

London, UK - Absa has appointed Cheryl Buss as CEO of Absa International which includes managing Absa Securities United Kingdom. Among other responsibilities, this position will see her lead the bank’s international operations in its efforts to enable a globally scalable business that drives...

Absa Receives US Regulatory Approvals to Open Representative Office in New York

New York – Absa Bank Limited has received regulatory approval from both the United States Federal Reserve Board and New York State Department of Financial Services (NYSDFS), the New York State regulator, to open a Representative office in New York. The office is expected to be operational by the end of...

African Countries Progressing Towards Investment-Supportive Financial Markets, Absa-OMFIF Report Finds

Washington - New financial products, regulatory improvements and more responsive economic policies have enhanced the performance of countries in the Absa Africa Financial Markets Index 2019, produced by OMFIF. Now in its third year, the index evaluates financial market development in 20 countries across...

Latest Absa Blogs

The Long Road to Africa’s Promised Land of Trade and Prosperity

The African Continental Free Trade Area (AfCFTA) has been touted as the supercharger of Africa's long-term economic success. Here, Bohani Hlungwane, Group Head of Sales, Trade and Working Capital, Absa, looks back at the journey so far, and assesses what still needs to be done. There is little doubt...