SecteursStandard Bank Group, ICBC sign South African renewable energy...

Standard Bank Group, ICBC sign South African renewable energy project financing deal

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ICBCStandard Bank Group and the Industrial and Commercial Bank of China (ICBC) have inked a R20 billion (US$2.2 billion) deal to fund renewable energy projects in South Africa. The finance deal was signed by ICBC’s chairman Jiang Jianqing and Standard Bank Group’s joint chief executive Ben Kruger.

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