Botswana, Kenya and Nigeria have moved up the Absa Africa Financial Markets Index, produced by the Official Monetary and Financial Institutions Forum, and South Africa remains in top position, supported by strong financial market infrastructure and a robust legal framework. However, South Africa’s macroeconomic performance has deteriorated over the past year.

We have secured debt financing worth R50 billion for 33 renewable energy projects as part of the South African Department of Energy’s latest bidding round under the renewable energy independent power producer programme (REIPPP).

Today, Absa, one of Africa’s largest diversified financial services groups, launches their UK office. Officially trading as Absa Securities UK, the move supports the group’s ambition to bring the world to Africa as the preferred corporate & investment banking partner between UK and European investors looking to do business in the continent’s growing economies.

Absa Group Limited reported an increase in earnings, revenue and dividend for the first half of 2018 today. The group reported its first set of financial results as `Absa Group’ after being renamed on 11 July this year as it separates from the international Barclays PLC group.

This year we announced that we will award over 3000 scholarships across 12 countries as part of our continued commitment to education. We will also provide scholarships to 50 of the Mandela 100 Scholars to attend the African Leadership University (ALU) in Rwanda.

Absa Group Limited today reported good progress in positioning to deliver on the new corporate strategy it launched in March 2018. The group, previously known as Barclays Africa Group, reiterated its goal to double its share of banking revenues in Africa to 12%.

Our commitment to youth through education and skills development is part of our social promise to be an active force for good across all communities in which we operate. Education and Skills Development has been a key pillar of our active citizenship.

We are updating our branch set-up in line with the new strategy to be ‘customer obsessed’. The updated look is also more approachable, more dynamic and more vibrant with a wider spectrum of colours.

We partnered with Intel® to host a live drone show which embodies our new purpose of “bringing your possibility to life”. This was to celebrate the renaming of the group, heralding a new era for the bank in our push to become a forward-looking African bank in a digital age.

Absa Group, formerly Barclays Africa Group, launches a new visual identity supported by a new marketing campaign. The group’s new logo features ‘absa’ in lower case, offering a more human, approachable and understated feel than its predecessor.