DP World and Standard Bank conclude US$365 million facility agreement

DP World has extended its long-standing partnership with pan-African bank, Standard Bank, by concluding a US$365.1 million facility agreement.

This agreement aims to support its logistics and market access expansion across the sub-Saharan (SSA) region.

The agreement gives DP World access to a multi-product, multi-jurisdiction, and multi-currency facility (MCF), designed to support its general banking and term-funding requirements, across all SSA markets where DP World and Standard Bank have an...

https://container-news.com/dp-world-and-standard-bank-conclude-us365-million-facility-agreement/

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