Tag: Standard Bank

Sim Tshabalala, CEO of Standard Bank Group.
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South African executive Sim Tshabalala earned $6.4 million from Standard Bank in 2025

Standard Bank CEO Sim Tshabalala earned $6.4 million in 2025 as profit rose to $3.43 billion and dividends increased.

Omokolade Ajayi Omokolade Ajayi
Optasia’s AI-powered fintech solutions support credit access and digital financial services across Africa and emerging markets.
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JSE-listed Optasia raises over $300 million in refinancing to boost Africa’s fintech growth

Optasia raises over $300 million in refinancing backed by Standard Bank to scale fintech services across Africa and emerging markets.

Omokolade Ajayi Omokolade Ajayi
Mozambique clears $701 million IMF debt as African nations cut borrowing
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Mozambique clears IMF debt as African nations cut foreign borrowing

Mozambique has fully repaid its $701 million debt to the International Monetary Fund, a rare move among African economies working to ease pressure from external borrowing and tighten public finances.  The payment, disclosed in a research note by Standard Bank, clears Mozambique’s balance with the Washington-based lender and brings an end to its outstanding obligations. It also led to the…

Oluwatosin Alao Oluwatosin Alao
Twizza Beverage Company
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Indian billionaire Ravi Jaipuria’s Varun Beverages buys South Africa’s Twizza for $125 million   

India-based Varun Beverages has completed its $125 million acquisition of South African soft drink maker Twizza.

Timilehin Adejumobi Timilehin Adejumobi
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South Africa’s largest single-phase solar project secures Standard Bank backing

Standard Bank backs South Africa’s 475MW Notsi solar project, powering 140,000 homes and boosting Africa’s renewable growth.

Omokolade Ajayi Omokolade Ajayi
Standard Bank's office in South Africa.
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Standard Bank raises $124.8 million to cover financial loss

Standard Bank raises $124.8 million with new FLAC notes.

Timilehin Adejumobi Timilehin Adejumobi
Standard Bank
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Standard Bank completes $250 million strategic financing for Aradel Energy

Standard Bank closed a $250 million facility for Aradel Energy to fund expansion, refinance loans and boost Nigerian oil output.

Timilehin Adejumobi Timilehin Adejumobi
Standard Bank
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Standard bank expands green finance impact with new sustainability academy

Standard Bank rolls out a digital sustainability academy to boost ESG readiness for African firms.

Timilehin Adejumobi Timilehin Adejumobi
Standard Bank trims stake in Trencor
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Standard Bank slashes stake in Trencor below $1 million amid brutal sell-off

Standard Bank slashes Trencor stake below $1 million as shares tumble 88%, signaling market volatility and shifting investor sentiment in South Africa’s equity markets.

Feyisayo Ajayi Feyisayo Ajayi
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Africa’s 20 most valuable companies in September 2024

At a Glance South Africa dominates Africa’s top companies list, reflecting its economic and industrial strength on the continent. Naspers Limited leads as Africa’s most valuable company with a $36.2 billion market cap, showcasing global tech prowess. Of 20 top companies, 17 are South African, while Morocco, with a 3.4% GDP growth, highlights its rising economic influence. A glance at…

Omokolade Ajayi Omokolade Ajayi