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Monday, July 3, 2017

The shifting economic landscape provides opportunity for Africa - Get Vogel

The political and economic landscape throughout the world is contributing to a theme of uncertainty. However, with uncertainty comes opportunity and many are seeing Africa as a good investment opportunity in relative terms.

Traditionally, Africa has drawn investment from sectors leveraging its abundant natural resources, developing infrastructure and transport networks and increasing regional integration and intra-region trade. More recently, Standard Bank has witnessed growth in both the consumer and technology sectors driven by increasing urbanisation and changes in population demographics. 

A key differentiator for Standard Bank, is our ability to connect Africa to the world and play the role of a catalyst in driving growth. Our presence in key international financial centres connects international clients from North America, Brazil, Europe, the Middle East and Asia to our extensive and competitive footprint in Africa. In addition, we provide a platform that connects African clients to resources that are competitive and reliable from key financial markets. 

The annual Africa Investors Conference (AIC), hosted by Standard Bank and ICBC Standard in London last week, provides a unique opportunity for our African clients to engage with the European investor base. This year policymakers, investors and corporates shared insights in more than 1000 meetings on the key global trends driving changes in African markets, on challenges they face and how to address them. 

 At Standard Bank we believe that, as Africa’s largest bank by assets, we have a responsibility to our African clients and policyholders to play an instrumental role in providing access to capital and liquidity available from the world’s leading financial centres. The AIC has once again demonstrated our ability to do this by bringing together an important group of people, and the institutions they represent, that will be instrumental in driving the continued growth of the continent we call home.
 
Gert Vogel
Standard Bank

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