News
03 August 2026

SME financing in South Africa gets $332m boost

Region:
Middle East & Africa

AfDB has invested ZAR5.4 billion ($332 million) in a Standard Bank Group capital markets security to finance SMEs in South Africa. The facility is structured as a Flac instrument, a new class of debt introduced by the South African Reserve Bank in January 2026 as part of South Africa's...

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