{"id":33309,"date":"2026-04-29T15:49:50","date_gmt":"2026-04-29T13:49:50","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=33309"},"modified":"2026-04-29T15:49:50","modified_gmt":"2026-04-29T13:49:50","slug":"standard-chartered-ifc-launch-300m-africa-supply-chain-finance-facility","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/standard-chartered-ifc-launch-300m-africa-supply-chain-finance-facility\/","title":{"rendered":"Standard Chartered, IFC launch $300m Africa supply chain finance facility"},"content":{"rendered":"<p>The World Bank Group&#8217;s private-sector arm, the International Finance Corporation (IFC), and Standard Chartered this Wednesday announced a new \u200crisk-sharing facility aimed at strengthening supply chains and supporting business growth across Africa.<\/p>\n<p>&nbsp;<\/p>\n<p>The facility will cover up to $300 million in supply chain and trade \u2060finance assets originated by Standard Chartered in the region, ensuring faster payments to suppliers, the partners said.<\/p>\n<p>&nbsp;<\/p>\n<p>The programme will roll out supply chain finance solutions in eight markets, C\u00f4te d&#8217;Ivoire, Egypt, Ghana, Kenya, Nigeria, South Africa, Tanzania and Zambia, targeting key sectors including \u200cagriculture, \u2060healthcare and manufacturing.<\/p>\n<p>&nbsp;<\/p>\n<p>Under the arrangement, IFC will provide guarantees of up to $150 million to support transactions in United States Dollars and selected local currencies.<\/p>\n<p>&nbsp;<\/p>\n<p>Over the \u2060next three years, the partnership is expected to enable around $1.9 billion in supply chain finance transactions, \u2060supporting more than 500 suppliers.<\/p>\n<p>&nbsp;<\/p>\n<p>In December 2024, IFC and HSBC launched a $1 billion risk-sharing trade \u2060finance programme covering emerging markets across Africa, Asia, Latin America and the Middle East.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":33312,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-33309","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"World Bank Group's private-sector arm, the International Finance Corporation (IFC), and Standard Chartered","published_date":"2026-04-29 15:46:30","news_description":"World Bank Group's private-sector arm, the International Finance Corporation (IFC), and Standard Chartered","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/33309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/33309\/revisions"}],"predecessor-version":[{"id":33311,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/33309\/revisions\/33311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/33312"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=33309"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=33309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}