Telecommunications, Media and Technology Sector

Standard Bank acted as joint financial advisor and transaction sponsor to CANAL+ on its landmark secondary inward listing on the Johannesburg Stock Exchange (JSE). The transaction facilitates access to African capital markets, providing South African investors with exposure to a global media and entertainment business.

Standard Bank acted as M&A advisor to Maziv and co-global coordinator, joint arranger and funder to Vodacom on the R11.5 billion acquisition of a 30% stake in Maziv. The landmark transaction, the largest fibre deal on the continent, will accelerate fibre infrastructure expansion and improve connectivity in underserved communities across South Africa.

Standard Bank partnered with Safaricom Telecommunications to provide USD 138 million in funding to Safaricom Telecommunications Ethiopia PLC (STEP), acting as sole arranger, lender and facility agent, alongside an advisory role. The financing supports the expansion of digital infrastructure and network access in Ethiopia, advancing connectivity and digital inclusion.

Standard Bank acted as mandated lead arranger and sole funder, providing Float Technologies with a ZAR 200 million growth facility to support the expansion of its card-linked instalment platform. The revolving credit facility will enable Float to scale its merchant network, reach more consumers and accelerate its growth across South Africa.

Standard Bank partnered with ICBC to provide R3.1 billion in funding facilities to Telkom, acting as joint mandated lead arranger and lender. The financing supports Telkom’s acquisition of network equipment to expand mobile network coverage, improve connectivity speeds and strengthen South Africa’s telecommunications infrastructure.

Standard Bank acted as a lender and participant in a R12 billion joint funding facility for MultiChoice Group, supporting its growth strategy and expansion into technology-based consumer and household services. The funding supports MultiChoice’s expansion of digital services, driven by growing smartphone adoption and improved mobile infrastructure.

Standard Bank acted as sole mandated lead arranger for the debt portion of Entersekt’s acquisition of Modirum’s 3-D Secure payment solutions business. The acquisition expands Entersekt’s customer base and enables it to secure over 2.5 billion transactions annually, strengthening its digital payment authentication capabilities and international market presence.