Standard Bank to finance Africa’s renewable energy boom

Bizcommunity | 10.06.2026 13:28
In 2025, Standard Bank saw Africa’s shift toward renewable energy financing outpace non-renewable energy by an 8:1 ratio. Reflecting this trend, even Eskom, which has traditionally relied on coal, has launched a new business unit focused on developing utility-scale renewable energy projects. With this momentum, the financial institution is energised to finance the continent’s clean energy boom.