FEATURED CONTENT
The African Central Bank Conference hosts regulators and central bank officials from across the continent. The key themes focus on the broader monetary policy environment, on financial market development, and on strategic responses to shared challenges. The aim of the conference is to raise awareness of the pipeline of innovative solutions across different countries as it is key for African sovereigns to form partnerships with institutional investors as the controllers of the largest pool of assets available for long-term investing.
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The African Women Impact Fund is a women empowerment initiative aimed at growing the number of women-led fund management businesses in Africa, challenging the male-dominated landscape that currently exists on the continent. Bill Lumley talks to Lindeka Dzedze, executive head strategic partnerships, global markets at Standard Bank Group in Johannesburg and finds her fervently committed to the cause.
Kenya-based M-KOPA has empowered over 1.5 million customers with credit to access mainly smartphones and solar-powered products and unlocked $600m of credit for the underbanked. Now, a syndicated transaction deal totalling $192 million ($165m in Kenya and $27m in Uganda) brokered by Standard Bank and Stanbic Bank will enable the expansion of the business into Nigeria and Ghana and reach 20 million more customers.
Women in Corporate and Investment Banking are combating outdated gender stereotypes daily, we are wayfarers. Bringing our whole selves to work, the driven and the vulnerable parts, makes for an authentic rapport. In fact, what resonates so much with me about Standard Bank, and why I wanted to join it, is its human first approach. One of the organisation’s greatest strengths, embracing diversity while prioritising inclusion continues to help us provide our clients with unique and leading solutions that set us apart from our competitors.
Despite challenges, we believe the continent remains an attractive investment destination. Growth themes across the continent are intact. Population growth, coupled with urbanisation, higher secondary education levels, and a median age that is moving into its most productive range, continue to support higher growth levels relative to the rest of the globe.