{"id":12319,"date":"2026-07-15T09:34:38","date_gmt":"2026-07-15T09:34:38","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=12319"},"modified":"2026-07-15T09:34:38","modified_gmt":"2026-07-15T09:34:38","slug":"standard-bank-backs-helios-towers-with-29m-trade-finance-deal","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=12319","title":{"rendered":"Standard Bank backs Helios Towers with $29m trade finance deal"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>Standard Bank has provided a $29 million (R475.33 million) social documentary credit facility to telecommunications infrastructure company Helios Towers to fund the procurement and importation of telecoms equipment across Africa.<\/p>\n<p>The facility, structured in line with the Loan Market Association\u2019s Social Loan Principles, will support Helios Towers\u2019 working capital needs and infrastructure expansion programme while providing payment certainty to suppliers.<\/p>\n<p>Read:<br \/>What billionaire Dangote can teach Africa about financing infrastructure<br \/>Standard Bank warns of flight from sovereign debt<\/p>\n<p>Standard Bank said the financing is meant to expand telecommunications infrastructure and improve digital connectivity in underserved and remote markets across the continent.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>The transaction is the bank\u2019s first documentary credit facility structured under a sustainable finance framework.<\/p>\n<p>Helios Towers, which owns and operates telecommunications tower infrastructure across Africa, said the funding would support continued investment in tower expansion and network densification.<\/p>\n<p>\u201cReliable digital infrastructure is fundamental to Africa\u2019s future growth and development,\u201d Alex Carter, group finance director at Helios Towers, notes.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>\u201cThis facility provides us with the flexibility and certainty needed to support our ongoing infrastructure investments while advancing our mission of expanding connectivity across the continent.\u201d<\/p>\n<p>Read:<br \/>Helios in talks with Africa mobile operators<br \/>Helios expanding mobile-phone tower business in South Africa<br \/>Soros-backed Helios Towers raises $364m in London IPO<\/p>\n<p>Benoit Samouilhan, global transaction banker at Standard Bank Corporate and Investment Banking, says the transaction combined a social documentary credit facility with a cross-border funding solution to support Helios Towers\u2019 expansion.<\/p>\n<\/p><\/div>\n<p>#Standard #Bank #backs #Helios #Towers #29m #trade #finance #deal<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Standard Bank has provided a $29 million (R475.33 million) social documentary credit facility to telecommunications infrastructure company Helios Towers to fund the procurement and importation of telecoms equipment across Africa.&hellip; 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