IFC provided up to R1.3 billion to a private equity fund, with Standard Bank as a new investor, boosting investor sentiment on South Africa.
1 report, 1 independent
Updated Jun 29
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What happened
IFC provided up to R1.3 billion to a private equity fund, with Standard Bank as a new investor, boosting investor sentiment on South Africa.
Who's involved
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The entities involved
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South Africa
country in southern Africa
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International Finance Corporation
World Bank Group member financial institution
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Standard Bank
one of South Africa's largest financial services groups