Africa in BusinessAfrica in Business

ABSA mobilise about $6.7 billion in sustainable finance

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South Africa-based bank ABSA has raised about 6.7 billion dollars in sustainable finance, surpassing its 5.5 billion target. The funding supported renewable energy, affordable housing, and inclusive economic initiatives across Africa. Absa's 2025 Sustainability and Climate Report details how the bank is embedding sustainability across operations, governance, and impact delivery, particularly in climate action, financial inclusion. I spoke to Punki Modise, the chief strategy and sustainability officer at Absa, and I started by asking her to share the key highlights in Absa's 2025 Sustainability and Climate Report.

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