Related
South African rand set for 7% monthly drop against dollar
Alexander Winning 31 Mar 2026
#BizTrends2026 | Atana's Karen King and Yolandi Meyer: Engineering for climate resilience in 2026
Yolandi Meyer and Karen King 9 Feb 2026
Top stories
Human connection is the ultimate competitive advantage
Kisha Reader-Bain
Subscribe & Follow
Advertise your job vacancies
Standard Chartered arranges $1.1bn financing for Angola water project
Standard Chartered said on Monday, 6 September, that it had arranged $1.1bn of financing for the Angolan government for a water supply project that will serve its capital Luanda.
Source: Reuters/Bobby Yip
The funding is made up of two loans - a $910m facility supported by a partial World Bank guarantee, and $165m backed by France's export credit agency.
The project aims to improve access to drinking water for the capital's over 2 million residents.
The financing will be used for investments in water production, transmission and distribution facilities, including a water treatment plant, storage facilities and new networks, Standard Chartered said in a statement.
Source: Reuters
Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/