Absa has participated as one of the arrangers of a €456 million term and revolving credit facilities package for Genser Energy Investments LLC, a leading integrated energy company in West Africa.

🇬🇭 Here's What Happened

The transaction was arranged by Absa Bank Limited, acting through its Corporate and Investment Banking division, in collaboration with two other banks.

The funds will provide working capital to support Genser Energy’s ongoing engineering, procurement and construction projects, strengthen the company’s balance sheet and provide additional financial flexibility to support its strategic priorities and continued growth.

The financing strengthens Genser Energy’s financial platform while supporting continued investment in strategic energy infrastructure, operational expansion and new growth opportunities across West Africa.

📌 Key Details

It builds on Genser Energy Ghana’s $428 million corporate refinancing and Genser Energy d’Ivoire SA’s €200 million equipment loan facility completed in 2025.

Commenting on the significance of the transaction, Edward Nartey Botchway, Managing Director of Absa Bank Ghana LTD, said: “Genser Energy’s €456 million financing demonstrates what African financial institutions can achieve by combining capital, expertise and regional reach.

"Our participation demonstrates Absa’s capacity to connect clients to financing solutions for complex, large-scale projects that can advance industrial growth and economic development across Africa.”

Ellen Ohene-Afoakwa, Managing Executive, Corporate and Investment Banking, Absa Bank Ghana LTD, said, “We are pleased for this opportunity to support Genser Energy’s strategic priorities and regional ambitions.

"We remain committed to helping businesses secure the financing required to deliver complex, large-scale projects that support industrial growth and Africa’s long-term economic development.”

“Since day one, Genser has taken a long-term approach to building energy infrastructure across West Africa," said Baafour Asiamah-Adjei, CEO of Genser Energy.

📰 Source: Joy Online Ghana