South Africa’s Department of Trade, Industry and Competition (the dtic), Standard Bank, MTN and DHL have announced a series of strategic partnerships aimed at helping small and medium-sized enterprises (SMEs) across Sub-Saharan Africa scale their businesses, access new markets and participate more effectively in regional and global trade. The initiatives, launched under DHL’s GoTrade programme, seek …
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AfDB, Standard Bank seal $332m deal to boost South Africa’s SMEs
The African Development Bank (AfDB) and Standard Bank Group have signed a 332 million dollars (ZAR5.4 billion) facility to expand access to financing for small and medium-sized enterprises (SMEs) in South Africa. AfDB said this in a statement on Friday, saying the transaction was structured as a First Loss After …
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