Access Bank, a provider of commercial banking services, agreed to acquire majority shareholdings in Angola, Cameroon, Gambia, Sierra Leone banking businesses, and Consumer, Private & Business Banking business in Tanzania from Standard Chartered, a banking firm that provides banking and financial services. Financial terms were not disclosed. “Following the announcement we made in April last year, the project is now substantially completed with the announcement for the sale of the five markets and the furtherance of a partnership with Access Bank. This strategic decision allows us to redirect resources within the AME region to other areas with significant growth potential, ultimately enabling us to better support our clients. We look forward to working closely with Access Bank’s team over the coming months to achieve a successful conclusion to this transaction while safeguarding the interests of our valued clients and prioritizing our employees,” Sunil Kaushal, Standard Chartered Regional CEO Africa & Middle East.