Standard Bank Group, the South Africa-based lender with the biggest assets in Africa, says that access to energy in Africa will continue to drive its support for fossil fuel projects. “It is not possible for Africa and many of the African countries to ignore the shortage of electricity supply,” Kenny Fihla, chief executive officer of Standard’s corporate and investment banking unit, has said in a recent interview with Bloomberg. “Today’s challenges are not going to be resolved overnight and therefore a much more balanced…
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