Regional: Loan agreement for green energy projects
Issue 298
- 17 Apr 2015
| 1 minute read
South Africa’s Standard Bank on 27 March signed a $250m loan agreement with the Japan Bank for International Co-operation (JBIC). The credit line is co-financed by Mizuho Bank, with JBIC providing a partial guarantee for the co-financed portion. The funding will be used by Standard Bank to on-lend to green energy projects in sub-Saharan Africa.
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