Tap into renewable energy funding facilities – Stanbic
Published On November 3, 2023 » 999 Views» By Times Reporter » Business, Stories
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By KENNEDY MUPESENI –
STANBIC Bank Zambia has urged the investors to utilise its renewable energy funding facilities to venture into sustainable and renewable energy projects as the world shifts to green growth.
Stanbic Manager for Investment Banking -Energy and Infrastructure Nkandu Machungwa
said banks were trying to shape the way the industry was responding to climate change.
Mr Machungwa said in Kitwe that last year, the parent company, Standard Bank Group raised US$670 million in sustainable led financing which included green bonds across the African continent.

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