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Standard Bank Group, Africa’s largest financial institution by assets, has announced the official launch of its Representative Office in Egypt during an event held at the Pyramids of Giza in Cairo. The Group’s Representative Office will strengthen trade and investment flows between Egypt, Sub-Saharan Africa, and the Middle East, recognising Egypt’s role as a vital […]
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This marks the second large scale housing finance transaction in Africa led by Standard Bank Group Limited and MiDA Advisors within the past two years, securing around $500 million in total capital raise. Today, a member of the Standard Bank Group Limited – Stanbic IBTC Capital -and MiDA Advisors join Nigeria Mortgage Refinance Company (NMRC), […]
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A senior delegation will discuss the new chapter of China-Africa relations Standard Bank Group will attend the 2024 FOCAC summit, as it reinforces its commitment to Africa’s economic growth through enhanced partnerships with China. This is the ninth Ministerial Conference and the fourth in the form of the summit itself, with this year’s theme being Jointly Advancing Modernization and Building […]
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Standard Bank Group has once again demonstrated its financial strength and commitment to growth, reporting headline earnings of R22.0 billion and a return on equity of 18.5% for the first half of 2024. This performance is driven by the bank’s expanding client base, increased digital adoption, and strategic capital allocation. Financial Highlights: Headline earnings: R22.0 […]
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The Standard Bank Group and UnionPay International (UPI), are joining forces to introduce e-Commerce acceptance across several countries in Africa. This strategic partnership will enable UPI cardholders to seamlessly conduct e-Commerce transactions across Standard Bank Group’s online merchants. UnionPay delivers premium, affordable, and secure payment services to one of the world’s largest cardholder bases, offering […]
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Attributed to Michael Muhangi, Head of Trans-Regional Clients, Africa Regions for Business and Commercial Banking at Standard Bank Group The Africa of 2023 is a continent that is embracing new opportunities. As it moves to exploit commonalities existing between neighbours, the advantages of intra-Africa trade are taking cooperation between countries to new levels. Trade agreements […]
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The new financing will support digital infrastructure growth in the DRC Standard Bank Group has partnered with the International Finance Corporation (IFC) to successfully execute a USD 92 million loan facility for tower operator Eastcastle Infrastructure. The financing will support new telecommunications infrastructure throughout the Democratic Republic of Congo (DRC) and improve African access to the […]
...Standard Bank Group has arranged sustainability-linked, multi-currency facilities to support M-KOPA’s growth in Kenya and Uganda Regarded as a pioneering and leading fintech platform, M-KOPA’s solutions provide underbanked customers with instant access to everyday products and services via its flexible credit model. M-KOPA’s customers are able to acquire a broad range of productive assets such […]
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On April 19, 2023, to mark the evolution of Africa.com’s Definitive List of Women CEOs, sponsored by Standard Bank Group, Africa.com will host a webinar with free registration. In addition to revealing the names of the women who are on Africa.com’s 2023 Definitive List of Women CEOs, Africa.com will present, for the first time, performance […]
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China International Import Expo opens the door to China’s domestic economy The Standard Bank Group is currently showcasing products of over 40 African businesses at the China International Import Expo (CIIE), taking place in Shanghai from 5-10 November 2022. As the largest global import promotion event, the 5th CIIE is exhibiting products from over 100 […]
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