Standard Chartered Bank to fund green Chinese firms in Africa

NAIROBI, May 10 (Xinhua) -- Standard Chartered Bank is keen to provide significant financing to Chinese firms that uphold green ethos to expand their footprint in Africa, an executive said on Friday.

There is a growing demand on the continent for sustainable consumption and production technologies to achieve a climate-resilient future for local communities, said Richard Li, the head of wealth and retail banking at Standard Chartered Bank China, in Nairobi, the capital of Kenya.