Standard Bank has sealed a partnership with WebAfrica to offer fiber broadband to South Africans. The partnership would come into effect during the first quarter of 2022.

The South African bank, Standard Bank, announced on Wednesday December 1 that it has entered into a partnership with WebAfrica, one of the main Internet service providers in South Africa to offer fiber broadband Internet. In its press release, the banking establishment indicated that "the initial objective of the partnership will be to make broadband Internet access available to customers and to make Standard Bank's flexible funeral product accessible to WebAfrica customers". . Standard Bank said it has been investing in fiber in South Africa for several years, helping fiber infrastructure and internet service providers scale to meet growing demand. The group said there had been a significant increase in demand driven by the Covid-19 pandemic and working from home.