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Standard Bank Group, the biggest bank in Africa by asset, and Meridiam, an independent investment Benefit Corporation and an asset manager, hosted a joint event to unlock investment opportunities in alternate energy infrastructure on the continent.
Experience the Stanbic Music Festival and help secure the Zambezi’s future.
Standard Bank has announced the broadening of its Mauritius offshore offering to the servicing of family-owned businesses and local corporates across sub-Saharan Africa who may wish to use the Indian Ocean island as a gateway for trade and investment.
By Tunde Macaulay, Head of Business and Commercial Banking: Africa Regions and Offshore
Standard Bank Group, Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies and Newsweek’s World's Most Trustworthy Companies
Whether it is the Standard Bank Africa Trade Barometer, the latest Africa’s Pulse report from the World Bank or similar literature from global consultancy firms, there is ample evidence that with its young population, abundant natural resources and increasing economic reforms, Africa continues to offer diverse opportunities for growth.
Standard Bank is accelerating its financing of renewables to catalyse Africa’s energy transition, its financing of renewable power generation exceeding its non-renewable energy power generation by a ratio of 4.9 to 1.
Bill Blackie is Chief Executive Officer of Business and Commercial Banking at Standard Bank Group Ltd.
Although small and medium businesses (SMEs) account for 95% of all registered businesses and contribute about 50% to the total GDP of sub-Saharan African countries, entrepreneurs still face major obstacles to growth and prosperity. Addressing their needs is essential to creating a prosperous Africa, says Standard Bank.