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Standard Bank receives Africa Investor Agribusiness award

Standard Bank has been named the winner of the Africa Investor Agribusiness Award for 2010 for its commitment to help develop a strong African economy. Standard Bank won in the Development Finance Initiative category for its groundbreaking Agricultural Guarantee Fund Scheme that has improved access to finance to smallholder farmers in Africa. The Agribusiness Awards recognize achievements across the main agribusiness and finance sectors in Africa and reward the personalities driving transactions and improving the continent’s agribusiness investment climate. The awards also emphasize the important need to invest in developing Africa’s agribusiness sector. “The Agricultural Guarantee Fund Scheme demonstrates Standard Bank’s commitment to creating, with fellow stakeholders, workable solutions to the obstacles that hamper African development. We believe this award is an acknowledgement to that commitment” said Clive Tasker, Standard Bank Africa CEO in a press release. “It is not very often...