Africa in BusinessAfrica in Business

Standard Bank and African Development Bank 329 million dollar deal

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In today's markets slot, we look at the Standard Bank and African Development Bank 329 million dollar deal.

The deal is for a social Flac instrument that will support Small Medium Enterprise - SMEs financing in South Africa. We also look at the significance of this transaction and how it will benefit SMEs.

Felisha Singh is the Head of Client Experience, Insights, and Adoption for Business and Commercial Banking at Standard Bank South Africa, she spoke to Ayanda Mkhwanazi about the contents of the deal and what it means for the SMME sector..

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