Standard Bank to set up Africa Renewables Fund.
BANKING AND CREDIT NEWS-October 26, 2023--Standard Bank to set up Africa Renewables Fund
(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk
Global Banking News - 26 October 2023
South Africa-based Standard Bank Group Ltd (SBJ.J) and its units are planning to create an African Renewables Fund, Bloomberg has reported.
The firms are planning to create a USD1bn fund for big renewable energy projects.
Stanlib Asset Management Ltd and insurer Liberty Holdings Ltd will be assisting the firm in the venture...
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