Standard Bank lands R13bn sustainability-linked loan agreement
Standard Bank has secured US$800-million, approximately R13.1-billion, sustainability-linked syndicated loan that attracted strong global investor demand and underscores continued confidence in its Africa-focused growth...
Middle East conflict and aid drop push more African nations to...
The economic fallout from the Middle East war and a collapse in foreign aid are pushing more African countries to the International Monetary Fund,...
Africa trade insurer seeks $500m to help with Iran war cost...
Africa's leading multilateral insurer of trade risk is seeking about $500-million (R8.1-billion) in capital from partners to support countries that face higher costs as...
IFC, Citigroup sign $98m local currency borrowing facility for South Africa
The World Bank Group’s private-sector arm, the International Finance Corporation, and US bank Citigroup have signed a new $98-million (R1.6-billion) borrowing facility aimed at...
High compliance costs holding back small businesses, says Cyril Ramaphosa
President Cyril Ramaphosa has warned that unless regulatory pressure is eased, many businesses will remain locked out of formal economic participation or struggle to...
Isuzu and Toyota partner on hydrogen-powered truck for future logistics
Isuzu Motors Limited and Toyota Motor Corporation have announced a strategic collaboration to develop Japan’s first mass-produced light-duty fuel cell electric truck, marking a...
