Standard Chartered Bank to fund green Chinese firms in Africa

Standard Chartered Bank to fund green Chinese firms in Africa

NAIROBI, May 11 (Xinhua) — Standard Chartered Bank is keen to provide significant financing to Chinese firms that uphold green ethos to expand their footprint in Africa, an executive said on Friday.

There is a growing demand on the continent for sustainable consumption and production technologies to achieve a climate-resilient future for local communities, said Richard Li, the head of wealth and retail banking at Standard Chartered Bank China, in Nairobi, the capital of Kenya.

“I can see opportunities and capabilities we can bring in as Standard Chartered Bank to support our clients to respond to this trend between China […]

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