{"id":55718,"date":"2026-06-04T02:00:09","date_gmt":"2026-06-04T02:00:09","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/55718\/"},"modified":"2026-06-04T02:00:09","modified_gmt":"2026-06-04T02:00:09","slug":"ifc-standard-chartered-launch-300m-africa-supply-chain-fin","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/55718\/","title":{"rendered":"IFC, Standard Chartered Launch $300m Africa Supply Chain Fin"},"content":{"rendered":"<p style=\"text-align: justify;\">The International Finance Corporation and Standard Chartered Bank have launched a $300m risk-sharing facility to expand access to supply chain finance for businesses across eight African countries, including Nigeria, as firms on the continent continue to grapple with funding shortages.\n<\/p>\n<p style=\"text-align: justify;\">The initiative, announced in a statement by Standard Chartered Bank on Wednesday, is expected to support supply chain and trade finance transactions worth about $1.9bn over the next three years, benefiting more than 500 suppliers, including small and medium-sized enterprises.\n<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1863804\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/06\/Standard_Chartered_Bank_254c8b7e2a.jpg\" alt=\"\" width=\"2560\" height=\"1024\"  \/>\n<\/p>\n<p style=\"text-align: justify;\">According to the statement, the programme will be implemented in C\u00f4te d\u2019Ivoire, Egypt, Ghana, Kenya, Nigeria, South Africa, Tanzania and Zambia, targeting sectors such as agriculture, healthcare, and manufacturing.<\/p>\n<p style=\"text-align: justify;\">The facility is designed to help suppliers receive payments faster, thereby improving cash flow and enabling businesses to expand production, pay workers, and invest in growth.\n<\/p>\n<p style=\"text-align: justify;\">Under the arrangement, IFC, the private sector investment arm of the World Bank Group, will provide guarantees of up to $150m, with an initial commitment of $100m. The guarantees will support transactions denominated in both United States dollars and selected local currencies.\n<\/p>\n<p style=\"text-align: justify;\">The statement noted that the risk-sharing structure would cover up to $300m in supply chain and trade finance assets originated by Standard Chartered across Africa.<\/p>\n<p style=\"text-align: justify;\">It explained that the programme would deploy financing tools, including payables finance, receivables discounting, and pre-shipment finance schemes, to improve access to working capital for smaller businesses.\n<\/p>\n<p style=\"text-align: justify;\">\u201cThe facility will help ensure their suppliers get faster payments, freeing up the working capital they need to improve production, pay wages, and hire,\u201d the statement said.\n<\/p>\n<p style=\"text-align: justify;\">The partnership comes amid growing concerns over the financing gap facing businesses in emerging markets, particularly SMEs that often struggle to secure affordable credit despite playing a critical role in economic activity and employment generation.\n<\/p>\n<p style=\"text-align: justify;\">IFC Vice President for Products and Clients, Mohamed Gouled, said supply chain finance remained one of the fastest ways to address the funding challenges confronting businesses in developing economies.\n<\/p>\n<p style=\"text-align: justify;\">\u201cSupply chain finance is among the fastest ways to narrow the growing finance gap that businesses, particularly small and medium enterprises, are facing in emerging economies,\u201d Gouled said. <\/p>\n<p style=\"text-align: justify;\">He added, \u201cBy partnering with Standard Chartered to support companies at the centre of strategic value chains, we can unlock much-needed working capital at scale for businesses across Africa, including smaller firms and farmers, making supply chains more competitive and boosting job creation.\u201d\n<\/p>\n<p style=\"text-align: justify;\">The statement projected that the initiative could indirectly benefit more than one million farmers through stronger value-chain linkages and improved access to finance.<\/p>\n<p style=\"text-align: justify;\">Chief Executive and Head of Coverage, Standard Chartered Africa, Dalu Ajene, said the partnership would strengthen supply chains and encourage sustainable business expansion across the continent.\n<\/p>\n<p style=\"text-align: justify;\">\u201cThis $300m facility with IFC underscores our shared commitment to strengthening Africa\u2019s supply chains and enabling sustainable business growth,\u201d Ajene said.\n<\/p>\n<p style=\"text-align: justify;\">He noted that the bank\u2019s presence across major trade corridors linking Africa with Europe, Asia, the Middle East and the Americas would help channel financing to businesses involved in regional and global trade.\n<\/p>\n<p style=\"text-align: justify;\">\u201cBy expanding access to supply chain finance, we are helping African companies unlock liquidity, manage risk, and invest with confidence,\u201d he said.\n<\/p>\n<p style=\"text-align: justify;\">Ajene added that the collaboration would empower businesses ranging from large corporations to local suppliers to participate more actively in international trade while supporting job creation and inclusive growth.\n<\/p>\n<p style=\"text-align: justify;\">The statement highlighted the rapid growth of the global supply chain finance market, which reached an estimated $2.7tn in 2025, representing an eight per cent increase from the previous year.\n<\/p>\n<p style=\"text-align: justify;\">However, it noted that access to such financing remains limited in many emerging and low-income economies because commercial lenders have traditionally focused on developed markets.<\/p>\n<p style=\"text-align: justify;\">According to the statement, the new facility seeks to reduce risk associated with short-term trade and supply chain finance portfolios, thereby encouraging greater lending activity in markets where capital remains scarce.\n<\/p>\n<p style=\"text-align: justify;\">The initiative marks IFC\u2019s first project under its Global Supply Chain Finance Programme and the Africa Trade and Supply Chain Recovery Initiative, which is supported by the International Development Association Private Sector Window Blended Finance Facility.\n                    <\/p>\n","protected":false},"excerpt":{"rendered":"The International Finance Corporation and Standard Chartered Bank have launched a $300m risk-sharing facility to expand access 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