Absa has signed a deal with the Multilateral Investment Guarantee Agency (Miga) which will enable it to reduce the regulatory risk weighting of mandatory reserves held by its subsidiaries across sub-Saharan Africa, thus freeing up lending capacity. Absa’s subsidiaries outside of South Africa are required to maintain reserves at the central banks in their respective ...

We hope you enjoyed your 4 free articles on GTR’s website this month. If you want to read more high-quality journalism, please log in below to continue your access. If you are not a subscriber, you can sign up here for just £30 a month.