Their strategy is to build the leading Africa-focused financial services organization using all their competitive advantages to the full. They will focus on delivering superior sustainable shareholder value by serving the needs of their customers through first-class, on-the-ground operations in chosen countries in Africa. They will also connect other selected emerging markets to Africa and to each other, applying their sector expertise, particularly in natural resources, globally.
Standard Bank has a 150-year history in South Africa and started building a franchise in the Rest of Africa in the early 1990s. The bank currently operates in 18 countries on the African continent, including South Africa, as well as in other selected emerging markets. Standard Bank Group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB.
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The company has not participated in any projects.
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Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF), has successfully raised US$294 million for additional debt facilities, achieving over half of t...
Read moreAMEA Power has secured a 25-year Power Purchase Agreement (PPA) with GreenCo Power Services for their 85 MW solar photovoltaic (PV) power project located in the North West Province in South Africa. G...
Read moreSeriti Resources and its renewable energy subsidiary, Seriti Green, have secured a power purchase agreement (PPA) for its 155 MW wind farm in Mpumalanga, marking the start of the construction of...
Read moreGlobeleq has completed a US$71 million senior debt refinancing of its 31 MW Soutpan solar photovoltaic (PV) plant in Limpopo Province, South Africa. Refinancing the project lowers wholesale energy pr...
Read moreAlten Energías Renovables has achieved financial close for its 55 MW Kesses Solar Power Plant project located in western Kenya. Standard Bank has arranged the transaction and also provid...
Read moreGenser Energy Ghana Limited has achieved financial close for a US$366m funding package including a new syndicated senior loan facility of US$230m, a mezzanine loan, and preference...
Read moreGlobeleq, a power sector leader in Africa, has completed the acquisition of Aries solar (11MW); Konkoonsies solar (11 MW); Soutpan solar (31 MW) and the Klipheuwel wind farm (27 MW). The company signe...
Read moreScatec Solar has announced that it has signed all project documents with its partners and shortly expects to achieve financial close for three solar PV plants to be located in Upington, Sout...
Read moreStandard Bank of South Africa (SBSA), the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and Wells Fargo Bank have announced a US$300 million fa...
Read moreAzura Power West Africa Limited, a 450 MW gas-fired independent power project (IPP) in Nigeria, has reached financial close and has entered in the construction phase.
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