DP World has extended its long-standing partnership with pan-African bank, Standard Bank, by concluding a US$365.1m 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 overlapping presence.
