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Browsing: Standard Bank Group
DP World, a global leader in supply chain solutions, announced a partnership with Standard Bank to offer trade finance solutions. This partnership will act as the bridge between African businesses and the DP World Trade Finance to open new doors of opportunity for the continent.…
![Wind and fossil fuel power generators. Africa is primed for a shift to renewable energy which will provide access to energy to those who are cut off from the system. www.Wind and fossil fuel power generators. Africa is primed for a shift to renewable energy which will provide access to energy to those who are cut off from the system. [Photo/NYT]](https://theexchange.africa/wp-content/uploads/2021/10/Njenga.Hakeenah.Low-carbon.Energy-sources.Africa.Pic1_.jpg "Africa’s largest bank leads climate change initiative")
Africa’s largest multinational companies are following the global trend that is in vogue – that of making ambitious goals and undertakings to reduce carbon emissions ahead of this month’s climate change conference to be held in Glasgow, Scotland.
Leading the pack is Africa’s largest lender by assets, the Standard Bank Group, which in October held a 2-day climate summit that was streamed online and ran under the theme ‘Africa’s Journey to Net Zero’. The summit was hosted in partnership with the Institute of International Finance (IIF) a global financial think tank which partners with financial services firms worldwide including the Standard Bank Group.
More specifically the Institute of International Finance is the global association of the financial industry, with over 400 members from more than 70 countries. Its mission is to support the financial industry in the prudent management of risks; to develop sound industry practices; and to advocate for …