Nigeria, June 18 -- Standard Bank Group Limited has announced plans to increase investments in mid-sized companies across Africa as it seeks to tap into opportunities in Nigeria and other key markets on the continent with $15.4 billion.

The bank aims to support the growth of intra-continental African businesses, leveraging its strong presence across the region and accelerating its earnings through 2028, according to Bloomberg.

The African biggest lender said it will focus on strengthening its operations in South Africa, and expand its operations across Nigeria, Ghana, Kenya, Uganda and Tanzania markets who collectively account for about 85 per cent of its estimated $15.4 billion revenue.

Standard Bank said the strong performance by its...