A new US$300 million risk-sharing facility will ease access to supply chain and trade finance in Africa.

Announced by the IFC and Standard Chartered, the facility will extend to eight countries on the continent – Côte d’Ivoire, Egypt, Ghana, Kenya, Nigeria, South ​Africa, Tanzania and Zambia – targeting key sectors including ‌agriculture, ⁠healthcare and manufacturing.

According to Reuters, it will cover US$300 million in supply chain and trade ⁠finance assets originated by Standard Chartered in the region, ensuring faster payments to ​suppliers.

The IFC will provide guarantees of up to US$150 million to support transactions in US dollars and some local currencies.

It is expected that the facility will, over three years, enable US$1.9 billion in supply chain finance ​transactions, ⁠supporting more than 500 suppliers.

Supply chain finance enables suppliers to get paid earlier thus ensuring their continued liquidity.

5 May 2026
Image: Magnific