Standard Bank has successfully arranged a $42 million term loan facility for Bandwidth & Cloud Services Group (BCS), a leading provider of fibre infrastructure across Africa. This strategic funding initiative is designed to accelerate BCS’s mission to expand critical digital infrastructure and enhance pan-African connectivity.
Acting as joint arranger and co-lender, Standard Bank played a pivotal role in structuring a facility with a flexible repayment profile, tailored to support BCS’s expansion into multiple African markets. The financing solution directly addresses the challenge of securing capital for large-scale infrastructure projects in emerging economies, reflecting the bank’s deep sector expertise and commitment to enabling impactful investments.
The significance of this transaction goes beyond financial metrics. As Africa’s digital transformation gains momentum, reliable internet connectivity is becoming a cornerstone for economic development, education, healthcare, and social inclusion. Yet, many underserved communities still face barriers to accessing affordable and high-quality digital infrastructure. Bridging this digital divide is essential to unlocking the continent’s full potential.
BCS’s existing network spans over 80,000 km of subsea, backbone, and metro fibre, reaching more than 80 million end-users across 15 African countries. With this new investment, BCS is poised to extend its reach even further, delivering affordable internet access to communities that need it most. This initiative supports vital sectors such as:
- Education – enabling digital learning and access to global knowledge.
- Healthcare – improving telemedicine and health data systems.
- Economic Growth – empowering businesses and entrepreneurs.
- Social Inclusion – connecting marginalized populations to digital services.
This partnership exemplifies Standard Bank’s purpose-driven ethos: “Africa is our home; we drive her growth.” By leveraging its extensive footprint and industry knowledge, the bank continues to foster deep relationships and facilitate investments that promote sustainable development and digital inclusion across the continent.
The successful arrangement of this facility reaffirms Standard Bank’s leadership in delivering innovative investment banking solutions that support African-focused assets and drive the continent’s digital future.
