Standard Bank is one of the largest financial services groups in Africa, offering a wide range of banking and financial products.
Standard Bank & Safaricom Telecommunications Announce USD 138 Million Partnership
Standard Bank partnered with Safaricom Telecommunications to fund USD138 million for digital infrastructure in Ethiopia. The bank acted as the sole arranger, lender, and facility agent for the term facility to Safaricom Telecommunications Ethiopia PLC.
Ventures Platform Raises $64M for Series A-Focused Fund
Ventures Platform has secured $64 million for its second investment fund. The fund aims for a final close of $75 million.
Ventures Platform Secures $64M to Power Africa’s Next Tech Wave
Ventures Platform announced a $64 million first close for its second fund, VP Pan-African Fund II. The fund aims for a final close of $75 million to deepen early-stage investments across Africa.
Condia Insider: The slow death of cash in Africa
Standard Bank closed 1,942 ATMs in South Africa over five years, reflecting a broader trend in ATM decline. Kenya's mobile money transactions reached KES 6.5 trillion in 2024, a 13% increase from the previous year.
Car washers in South Africa’s biggest cities can now receive instant digital payments
Street Wallet partners with Plush Car Wash to enable digital payments for informal car washers. The initiative targets unbanked and underbanked workers in Cape Town, Durban, and Johannesburg.
