United States, April 29 -- The World Bank Group, through its private sector arm - the International Finance Corporation (IFC) - and Standard Chartered today announced a new risk sharing facility aimed at strengthening supply chains and boosting business growth across Africa. This partnership will introduce supply chain finance solutions in eight markets - Cote d'Ivoire, Egypt, Ghana, Kenya, Nigeria, South Africa, Tanzania, and Zambia - supporting companies in key sectors such as agriculture, healthcare, and manufacturing. By doing so, the facility will help ensure their suppliers get faster payments, freeing up the working capital they need to improve production, pay wages, and hire.The risk-sharing facility will cover up to $300 million in...