मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
African Bank raises R700 million in social bonds to support SME's in South Africa
Cape Times
|September 25, 2025
AFRICAN Bank has raised R700 million of 3and 5-year social bonds enabled br its first Sustainable Finance Framewor! (SFF) that aims to drive inclusive growth in South Africa through the financing of small to medium enterprises.
The bonds were well subscribed, with more than R1 billion in bids received, African Bank said on Monday.
The SFF was instrumental in enabling the bank to raise capital through Green, Social, and Sustainability bonds and loans, in support of projects that deliver measurable environmental and social impact.
Several other South African institutions have issued these bonds, such as the Development Bank of Southern Africa, Nedbank, and the City of Cape Town. These bonds typically fund initiatives like affordable housing, education, healthcare, and employment creation.
यह कहानी Cape Times के September 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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