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Makhtar Diop: Supply chain finance expands for African suppliers via new facility

Makhtar Diop: Supply chain finance expands for African suppliers via new facility
Supply chain finance expands in Africa

Makhtar Diop, industry influencer, announces a collaboration with Standard Chartered to enhance supply chain finance across Africa. This effort introduces a risk-sharing facility that will enable more than 500 suppliers to obtain faster access to working capital, supporting their growth and ability to compete.

According to Diop, improving business access to finance drives opportunity and wider economic development.

Diop has previously highlighted government support for private sector growth, citing Japan’s commitment to development and innovation. He also noted the $5 billion partnership between France, the World Bank Group, and IFC for private sector investments. These initiatives reflect Diop’s ongoing focus on expanding access to finance in emerging markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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