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AfDB and Standard Bank : a partnership to finance SMEs and trade in Africa

The African Development Bank and Standard Bank Group are partnering to improve SME access to finance and support trade in Africa. The agreement includes a ZAR 3.6 billion social bond and a $200 million loan, benefiting up to 4,000 businesses. Kenny Fihla (SBG) and Leila Mokaddem (AfDB) highlight this initiative’s role in financial inclusion.