South Africa, July 31 -- The African Development Bank has invested $332 million (ZAR 5.4 billion) in a capital markets security issued by Standard Bank Group Limited, Africa's largest bank by total assets, to finance small and medium-sized enterprises (SMEs) across South Africa.Complementing the facility, the Bank's Affirmative Finance Action for Women in Africa (AFAWA) programme is providing a $1 million (ZAR 16 million) Technical Assistance grant from the We-Fi window to address barriers faced by women entrepreneurs. This includes providing digital payment tools to help build verifiable credit histories and delivering enterprise and supplier development support to women-led SMEs.These two transactions will strengthen and expand Standard B...