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Standard Bank, the biggest bank in Africa by assets, has partnered with InnoVent SAS to fund the development and construction of the Diaz Wind Project, Namibia’s largest wind energy farm. The bank has been appointed as the sole mandated lead arranger and underwriter of the senior debt and ancillary facilities for the project. Standard Bank […]
...Citi and Standard Bank acting as Joint Lead Managers (“JLMs”), have successfully arranged a new Eurobond issue and Tender Offer for the Republic of Kenya through the National Treasury & Economic Planning. The new issue is valued at US$1.5Bn, with a US$579m buyback of Kenya’s Eurobond 2027. The transaction further establishes Citi and Standard Bank as key advisors and partners to the Government of Kenya (GoK), reinforcing their trusted brands on the continent. This is the second transaction of a successful Liability Management mandate with the […]
...Standard Bank Plc and World Vision International have signed a Memorandum of Understanding (MOU) to collaborate on initiatives aimed at promoting environmental conservation and climate resilience in Malawi. This first partnership under Standard Bank’s “Mtengo Wanga – my tree” is funding forest regeneration to a tune of Mk240 million over 3 years. The symbolic signing […]
...Standard Bank, a leader in Africa’s energy and infrastructure development, is proud to announce changes to its sustainable finance mobilisation targets aimed at maximising positive impact and supporting the decarbonisation of Africa’s economies. The revised targets emphasise Standard Bank’s commitment to leading energy and infrastructure development on the continent. In 2022, Standard Bank set a […]
...African Development Bank and Standard Bank Unite to Support SMMEs and Boost Trade The African Development Bank Group and Standard Bank Group (SBG) have entered into a landmark financial agreement to enhance funding for small, medium, and micro enterprises (SMMEs) while expanding trade throughout Africa. The agreement includes a R3.6 billion investment in a social […]
...A strategic and sustainable partnership is transforming Botswana’s agricultural landscape. Standard Bank – through Stanbic Bank Botswana – has joined forces with Kwenantle Farmers, a prominent agricultural enterprise, to promote eco-friendly farming practices while contributing to Botswana’s sustainable economic development and diversification. This collaboration highlights the shared commitment of both organisations to environmental stewardship, community […]
...Standard Bank Offshore received recognition at the prestigious International Investment Awards 2024, held in London recently. Standard Bank Offshore secured the coveted ‘Excellence in Private Banking’ award for the sixth consecutive year and received a ‘Highly Commended’ accolade in the ‘Contribution to Diversity and Inclusion (Industry)’ category. These achievements highlight Standard Bank Offshore’s commitment to […]
...Standard Bank is accelerating its support for township entrepreneurs to reduce the high failure rate of South Africa’s small, micro and medium-sized enterprises (SMMEs), building on its ongoing commitment to empowering local businesses and fostering sustainable growth. The bank aims to reverse the trend that sees a staggeringly high number of small businesses failing within […]
...South Africa will only hit 2024’s current energy demand requirement by 2040, according to a report from Standard Bank and Cresco Group. The market assessment of South Africa indicates solar photovoltaic and wind-installed capacity (utility and rooftop) will increase from 10GW in 2024, to 37GW by 2030 and 77GW by 2040. Meanwhile, power decarbonisation is forecast to […]
...Standard Bank has launched an enhanced version of its SimplyBLU platform, providing Small and Medium-Sized Enterprises (SMEs) with a seamless all-in-one solution for payments and business management. The newly improved SimplyBLU solution integrates payments, inventory management, and e-commerce into one platform, offering businesses unmatched flexibility and control across multiple channels, with the added benefit of […]
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