Standard Bank

Company description

Their strategy is to build the leading Africa-focused financial services organization using all their competitive advantages to the full. They will focus on delivering superior sustainable shareholder value by serving the needs of their customers through first-class, on-the-ground operations in chosen countries in Africa. They will also connect other selected emerging markets to Africa and to each other, applying their sector expertise, particularly in natural resources, globally.

Standard Bank has a 150-year history in South Africa and started building a franchise in the Rest of Africa in the early 1990s. The bank currently operates in 18 countries on the African continent, including South Africa, as well as in other selected emerging markets. Standard Bank Group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB.

Company details

City:
Johannesburg
Address:
5 Simmonds Street
Twitter:

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • February 17, 2022

    Alten Energías Renovables closes financing for 55 MW solar PV project in western Kenya

    Alten Energías Renovables has achieved financial close for its 55 MW Kesses Solar Power Plant project located in western Kenya.  Standard Bank has arranged the transaction and also provid...

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  • December 04, 2019

    Africa50 invests US$366m in Genser Energy Ghana Ltd

    Genser Energy Ghana Limited has achieved financial close for a US$366m funding package including a new syndicated senior loan facility of US$230m, a mezzanine loan, and preference...

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  • May 31, 2019

    Globeleq closes acquisiiton of four renewable assets in South Africa

    Globeleq, a power sector leader in Africa, has completed the acquisition of Aries solar (11MW); Konkoonsies solar (11 MW); Soutpan solar (31 MW) and the Klipheuwel wind farm (27 MW). The company signe...

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  • April 10, 2018

    Scatec Solar signs US$400 million solar projects in South Africa

    Scatec Solar has announced that it has signed all project documents with its partners and shortly expects to achieve financial close for three solar PV plants to be located in Upington, Sout...

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  • September 26, 2016

    Standard Bank, OPIC And Wells Fargo Sign $300 Million Facility To Support Power And Infrastructure Projects In Africa

    Standard Bank of South Africa (SBSA), the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and Wells Fargo Bank have announced a US$300 million fa...

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  • January 18, 2016

    Azura-Edo Independent Power Project reaches financial close and enters construction

    Azura Power West Africa Limited, a 450 MW gas-fired independent power project (IPP) in Nigeria, has reached financial close and has entered in the construction phase.

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  • November 27, 2015

    IFC issues first green bond in South Africa

    The International Finance Corporation (IFC), a member of the World Bank Group, has issued a green bond denominated in South African rand.

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  • October 22, 2014

    Standard Bank to loan for Zimbabwe’s hydro project

    Zimbabwe Power Company (ZPC) and NamPower, Namibia’s power utility, have signed a US$150 million power purchase agreement to secure finance for the expansion of Kariba South Hydropower Station project...

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  • October 06, 2014

    Cenpower announces financial close of US$ 900 MM project financing of its Kpone IPP plant in Ghana

    Cenpower Generation Company Limited, a Special Purpose Vehicle created to develop the Kpone Independent Power Plant (‘KIPP’) in the Tema industrial zone, close to Ghana’s capital, Accra, has announced...

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  • June 30, 2014

    Globeleq receives US$70m boost to expand in Africa

    Globeleq power group, an independent power generation company in sub-Saharan Africa, has received a loan facility of US$70 million to expand its power assets in Africa.

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