EDF Renewables

South Africa

AMOUNT ZAR10.5 billion

DEAL CLOSED January 2023

Each of the solar PV projects in this deal has entered into a 20-year purchase power agreement with state power utility Eskom, and collectively they are scheduled to deliver 225MW of green energy to the national grid by 2025.

Exxaro

South Africa

AMOUNT ZAR676 million

DEAL CLOSED April 2023

This 66MW solar photovoltaic plant in Lephalale forms part of Cennergi’s (Exxaro’s energy business) portfolio of renewable energy projects catering to utility-scale and distributed generation clients. The plant will deliver approximately 36% of Grootegeluk mine’s energy requirement.

Scatec

South Africa

AMOUNT ZAR3.8 billion

DEAL CLOSED June 2023

Each of the solar PV projects in this deal has entered into a 20-year purchase power agreement with state power utility Eskom, and collectively they are scheduled to deliver 225MW of green energy to the national grid by 2025.

Wilderness

Mauritius and Botswana

AMOUNT USD80 million

DEAL CLOSED June 2023

In an historic first, Standard Bank executed a nature conservation funding deal to support Wilderness’s aim to double the amount of land conserved over the next decade in countries like Tanzania, Kenya, Zambia, Zimbabwe and Rwanda.

Eastcastle DRC

Democratic Republic of Congo

AMOUNT USD32 million

DEAL CLOSED July 2023

This financing deal will support new telecommunications infrastructure throughout DRC, improving access to the digital economy. A total of USD20 million of the facility has been designated as a social loan to support affordable basic infrastructure in the country.

Government of the Republic of Kenya

Kenya

AMOUNT EUR46.5 million

DEAL CLOSED April 2023

This deal enabled the Kenyan Government to raise the equivalent of USD500 million, which will be used to fund various development projects, in line with the development budget approved by parliament. It will boost the country’s infrastructure and create jobs while driving economic growth.

Safaricom

Kenya

AMOUNT KES3 billion

DEAL CLOSED July 2023

This seven-year sustainability-linked loan (SSL) is the largest ESG-linked loan facility ever undertaken in East Africa. It’s also the first of its kind for Safaricom and the first shilling-denominated SLL in the market.

M-KOPA

Kenya and Uganda

AMOUNT USD202 million

DEAL CLOSED February 2023

With USD165 million allocated to M-KOPA Kenya and USD37 million to M-KOPA Uganda, this facility – the largest syndicated facility in African fintech sector to date – will enable M-KOPA’s East African customers to buy smartphones and off-grid solar home systems through daily “pay-as-you-go” micropayments.