• Home
  • Business
  • Standard Chartered Bank in Tanzania launches ‘Belt and Road Relay’
Image

Standard Chartered Bank in Tanzania launches ‘Belt and Road Relay’

Standard Chartered Bank in Tanzania has launched its Belt and Road Relay, the first-ever global running event on the back of the China-proposed Belt and Road Initiative (BRI).

The launch of the Belt and Road Relay by Standard Chartered Bank in the commercial capital Dar es Salaam made Tanzania the 31st host of the Belt and Road Relay which was flagged off by the Chinese Ambassador to Tanzania, Wang Ke.

The relay was led by eight staff athletes from Standard Chartered Bank, selected from the bank’s diverse footprint in Asia, Africa, the Middle East, Europe and the Americas.

Furthermore, the athletes were expected to participate in running events across 44 Belt and Road markets within a 90-day period.

The Standard Chartered Bank Belt and Road Relay kick started in Hong Kong on February 17, 2019, in conjunction with the Standard Chartered Hong Kong Marathon, which is one of the biggest sports events in the city with over 74,000 runners, and will end in China on May 11, 2019 after the Belt and Road Forum.

The organizers said the Belt and Road Relay challenge was geared towards highlighting the Standard Chartered Bank’s continued commitment to Belt and Road Initiative, and the positive impact of the initiative to communities and businesses globally.

The Chief Executive Officer, Standard Chartered Bank, Tanzania, Sanjay Rughani, said the Belt and Road Initiative was the most ambitious and far-reaching project of its kind in the world today.

Related Posts

ARM launches N200bn Financing for SMEs

ARM Investment Managers has launched a N200 billion Private Debt Fund targeted at providing long term financial aid for Nigeria’s small…

United Capital appoints four experts to Infrastructure Fund Committee

United Capital Plc has strengthened the governance of its United Capital Infrastructure Fund (UCIF) by appointing four seasoned…

NCBA, Inchcape to boost tractor access for farmers

In a move aimed at accelerating agricultural mechanization and supporting smallholder farmers, NCBA Group has teamed up with…

Standard Chartered eyes full exit from Botswana in strategic Africa pullback

Standard Chartered Plc has launched a process to sell its entire stake in Standard Chartered Bank Botswana Limited,…

Leave a Reply

Your email address will not be published. Required fields are marked *