Post by Standard Chartered

Our new risk-sharing facility with the World Bank Group, through its private sector arm, the IFC - International Finance Corporation, aims to support business growth across Africa. As demand for supply chain financing continues to grow, this partnership will provide coverage for up to $300 million in supply chain and trade finance assets originated by Standard Chartered across Africa. Through this partnership, we aim to support more than 500 suppliers, including small and medium-sized enterprises (SMEs), strengthening supply chains and expanding access to critical financing solutions. Africa is a core part of our network across Asia, Africa and the Middle East, where we connect clients to cross‑border growth opportunities. Read the full press release here: https://lnkd.in/ecZjQxca