Standard Bank backs Helios Towers with $29 million to fuel African digital infrastructure

Standard Bank Corporate and Investment Banking (CIB) has partnered with independent tower operator Helios Towers to deliver a $29 million Social Documentary Credit Facility. The deal marks Standard Bank’s first-ever documentary credit facility structured under an international sustainable finance framework, establishing a new model for combining traditional trade finance with socio-economic impact. The financing will directly fund the cross-border procurement and importation of essential telecom