Absa, led by Kenny Fihla, channels $100 million into African green power

Billionaires Africa | 27.11.2025 15:21
Absa Group, the Johannesburg-based financial services provider led by South African executive Kenny Fihla, has committed up to R1.7 billion ($100 million) to CrossBoundary Energy (CBE) to expand renewable power projects across Africa, marking one of the largest recent financing deals aimed at easing the continent’s chronic electricity shortages.