Tuesday
August 4
2026

Standard Bank Lands $327.1 Million African Development Bank Investment for SMEs in South Africa

The African Development Bank (AfDB) has invested $332m (about R5.4bn) in a capital markets security issued by Standard Bank Group to expand financing for small and medium-sized enterprises (SMEs) in South Africa.

Photo courtesy of Andrea Piacquadio.

Source: Zawaya (link opens in a new window)

Categories
Investing
Tags
development finance, impact bonds, impact investing, MSMEs