Africa's largest bank by assets, focusing on strategic equity investments in fintech and digital financial services across the continent.
Optasia to Raise $365M in Johannesburg IPO to Fuel Global Expansion
Optasia plans to raise 6.3 billion rand ($365 million) in South Africa to expand its global footprint. The company will sell 1.3 billion rand in new shares through an IPO on the Johannesburg Stock Exchange.
Standard Bank & African Development Bank Empower SMMEs & Trade
The African Development Bank Group and Standard Bank Group signed a landmark agreement to increase funding for SMMEs. Standard Bank of South Africa Limited secured a R3.6 billion social bond investment to enhance lending capacity for SMEs.
