CDC signs off on new cheque for Standard Chartered

CDC signs off on new cheque for Standard Chartered

The British development institution will support trade activities at the bank, one of its regular partners.

Someone shares this article with you
            ▪ CDC signs off on new cheque for Standard Chartered

▪ The British development institution will support trade activities at the bank, one of its regular partners.

https://www.africabusinessplus.com/en/806076/cdc-signs-off-on-new-cheque-for-standard-chartered/

In detail, the US$100 million funding line will enable Standard Chartered to increase its liquidity. The funds, which consist of risk-sharing, will be channelled primarily towards countries in economic difficulty in sub-Saharan Africa, the two London-based groups explain.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Agribusiness

23/01/2024 at 17h03, by Africa Business+, updated 29/01/2024

Standard Chartered secures commercial agricultural loans in Senegal

The British bank has granted €190 million in short-term loans to Dakar.

Bank

16/05/2022 at 17h09, by Africa Business+, updated 17/05/2022

Kenny Fihla, Standard Bank: “Our climate strategy does not preclude support for the EACOP, although conditions will be stricter”

The South African bank’s chief investment officer spoke at length to Africa Business+ about the group’s...

Development Bank

19/01/2021 at 16h38, by Valentin Grille

CDC renews its confidence in Trade and Development Bank

The regional multilateral specialist bank will benefit from a fourth guarantee from the UK’s development,...

Bank

21/07/2020 at 14h55, by Aurelie Benoit

Olukorede Adenowo continues to climb the rungs at Standard Chartered 

After overseeing the Senegalese and Gambian markets, the Nigerian returns to Lagos to head up Corporate,...

Bank

03/06/2020 at 17h41, by Aurelie Benoit

Bill Winters (Standard Chartered) grants more powers to Abbas Husain

Husain has been entrusted with the corporate finance activity for the British banking giant’s entire...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.