Absa aims to harness Chinese corporate Africa push
South African lender Absa Group anticipates gains from increased Chinese private investment in Africa...
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South African lender Absa Group anticipates gains from increased Chinese private investment in Africa...
JOHANNESBURG : South African lender Absa Group is positioning to benefit as private Chinese firms increase their investment in Africa, the head of the bank's international business told Reuters. China's involvement in Africa, for decades defined by large, government loan-backed projects, is undergoing a t
'It's very key to be in China so that we can ... understand which corporates are having a strategy shift towards Africa and where they may be investing,' Absa International CEO Cheryl Buss said.
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