• Who we are
    • Our group at a glance
    • Our Values and Code of Ethics
    • Corporate Governance
    • Our Leadership
    • Our Structure
    • It Can Be

    Standard Bank Group is a financial institution that offers banking and financial services to individuals, businesses, institutions and corporations in Africa and abroad.

    Find out about:

    • Our Strategy
    • Our financial results
    • Our global presence
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111
    All our products and services are based on a set of values that uphold the empowerment of our customers. Both internally, and in daily engagement with the our clients we foster transparency, innovation, accountability and superior service.
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111
    We ensure that all our services and products across borders are compliant with local legislation wherever we go. As we grow in Africa, we will continue to review our systems and processes according to the best possible compliance and risk management skills.
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111

    Our board of directors aims to promote the group’s long-term success. It delegates day-to-day management of the business and implementation of strategy to the Group Chief Executive, who is supported by the Group Leadership Council.

    Find out about:

    • Our Board of Directors
    • Our Group Leadership Council
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111

    We operate across the African continent through a number of subsidiaries, to provide solutions to all our clients.

    Find out about  our subsidiaries.

    Africa is our home. An exciting place, bursting with possibilities. In every corner, individuals and businesses are working relentlessly to achieve their dreams.

    We believe that dreams matter. They are the fuel that powers the future. To realise dreams, we take uncharted paths together. Paths that lead to growth. That’s why, every day, we are committed to finding new ways to make dreams possible.

  • What we do
    • Our Business

    We are a financial services group, offering services and solutions for 160 years, to Consumer & High Net Worth Clients, Business & Commercial Clients and Corporate and Investment Banking in and across Africa as well as key global locations.

     

  • Why we matter
    • Climate strategy
    • Our Sponsorships
    • Our Achievements
    • Reporting to society

    Our purpose is to drive Africa’s growth. We aim to do this in a sustainable and inclusive way. This means that we strive to have a positive impact through our business on important aspects of Africa’s development like education, infrastructure, financial inclusion and other UN Sustainable Development Goals.

    It also requires that we reduce the negative impacts of our business on the environment and society. Climate change is an important issue with implications for Africa’s growth. As the largest bank on the continent, we have the opportunity to play a leading role in supporting a just energy transition for Africa.

    Latest news
    Climate strategy
    Standard Bank unveils climate targets to support Africa’s sustainable development
    Group sets course for a net zero future and pledges to mobilise a cumulative amount of between R250 billion and R300 billion in sustainable finance by end of 2026.
    Our sponsorship initiatives promote community upliftment through the support of sporting, art and music events, teams, festivals and clinics. We strive to nurture growing talents and to aid local communities to grow in their chosen fields.
    We are proud to be a part of what’s happening in Africa. By fostering growth opportunities on the continent, we believe that hands across borders will continue to strengthen business in Africa.

    We drive sustainable and inclusive economic growth in Africa. To ensure our commitment to making a positive and lasting impact, we have developed a framework of initiatives and objectives towards long-term social, economic and environmental upliftment.

    • Our purpose
    • Social, Economic and Environmental framework
    • Our impact areas
    • Download reports
  • Whats happening
    • Voices of Resilience
    • Newsroom
    • Covid-19
    • Campaigns
    • HeforShe
    • Our Financials
    Get local and international financial report, analysis, commentary, banking news and all the stories you want to know.
    Latest news
    Peoples health and lives come first - Sim
    We're here for you as we face this pandemic
    Our teams are ready to serve our individual, business and corporate clients as usual. While doing everything we can to keep our staff and clients safe, and to flatten the curve, we have also taken all the necessary steps to ensure that our essential services will be able to function.
    Latest news
    Peoples health and lives come first - Sim
    We're here for you as we face this pandemic
    Our teams are ready to serve our individual, business and corporate clients as usual. While doing everything we can to keep our staff and clients safe, and to flatten the curve, we have also taken all the necessary steps to ensure that our essential services will be able to function.
    A view of all the campaigns within our group.
    Campaigns
    Changing the present to reshape the future
    At Standard Bank our dream is that everyone's dreams can be. We can work together. We can find solutions. And we can prove that with the right help, It Can Be.

    Gender equity is a fundamental human right, and Standard Bank Group has committed to help create a gender-equal world.

Standard Bank Group
Sign in
Standard Bank Group
Who we are
Who we are
Our group at a glance
Our Values and Code of Ethics
Corporate Governance
Our Leadership
Our Structure
It Can Be
What we do
What we do
Careers
Sponsorships
China Africa match making
China - Africa 1 September 2022

African coffee and wine producers reach deep into the heart of China

Export platform gives African exports direct access to Chinese consumers

Standard Bank’s second Africa-China export matchmaking session for 2022 saw African coffee producers from Ethiopia, Kenya and Tanzania, and South African wineries exhibit their brands to over 50 pre-selected Chinese importers gathered at the Hunan International Conference and Exhibition Centre in Changsha, China.

Organised by the Hunan Department of Commerce in conjunction with Standard Bank and the Industrial and Commercial Bank of China (ICBC), these hybrid virtual-physical export promotion events “represent a signature capability in Standard Bank’s broader Africa-China Trade Solution, linking African producers directly to the heart of China’s booming domestic consumer market,” says Philip Myburgh, Head of Trade at Standard Bank’s Business and Commercial Client’s division.

Since the July Africa-China coffee and wine matchmaking session formed part of the Hunan Cross-border E-commerce Trade Fair, “our African exporters were also exposed to other Chinese exhibitors seeking to augment and scale their e-commerce and digital trade platforms with a broader global consumer retail offering,” added Myburgh.

As China’s consumer behaviour shifts, coffee and wine consumption is booming, sustained by an increasingly discerning domestic market seeking quality and value from the world’s best brands.

Connecting coffee and wine producers from Africa directly with Chinese importers not only improves margins for Africa’s exporters, but also allows them to develop independent and globally recognised brands. Most importantly, however, the blended virtual-physical nature of these matchmaking events allows African producers and exporters to deal directly with accredited Chinese importers from the convenience of their own offices, farms or homes without having to travel to China, arrange visas, find accommodation or run the risk of not finding quality off-takers,” says Myburgh.

At the same time, the Chinese importers gathered at the Hunan International Conference and Exhibition Centre can view, touch and taste each African exporters’ produce – presented to them live and in Chinese, by qualified coffee and wine experts.

Producers and importers are then assisted through 20-minute, translator-supported exchanges agreeing terms of trade and establishing the detail of transactions. During the July matchmaking sessions, African exporters potentially concluded export deals with up to 50 Chinese importers, “without any cost and without having to leave their premises in Africa,” adds Myburgh.

The direct relationships between African producers and Chinese importers, which Standard Bank and ICBC’s hybrid virtual-physical matchmaking sessions enable, provides Chinese importers with access to a readily available supply of quality, signature African coffee brands and globally-acclaimed South African wines. “This direct supply proposition is positioning the Chinese coffee and wine industries to confidently meet the country’s growing domestic demand for these increasingly aspirational products,” says Myburgh.

Linking African coffee and wine producers with importers from across China gives concrete substance to the work that ICBC and Standard Bank have done over the last decade building one of the world’s most effective Africa-China Trade Solutions.

George Mbwana, coffee quality manager for Lima Kwanza Coffee in Tanzania believes that “hybrid virtual-physical Africa-China export matchmaking sessions provide an incredible platform for African producers to directly access the world’s second largest economy.”

Similarly, Andrew Ing of Gun Bay Wines in South Africa recognises “the phenomenal marketing advantage that Standard Bank’s Africa-China Trade Solution presents family-owned wineries otherwise unable to afford or manage the costs and marketing structures associated with reaching so many potential Chinese importers.”

The next event being hosted by Standard Bank and ICBC’s Africa-China Trade Solution takes place in November 2022, when Standard Bank takes African agri-producers and their products to the 5th China International Import Expo (CIIE). Held at China’s National Exhibition and Convention Center in Shanghai, China, the CIIE is China’s premier expression of its commitment to global trade, including its aim to achieve US$ 300 billion in African imports over the next three years. In addition, President Xi Jinping recently pledged a further US$10 billion in trade finance support for African exports.

African agri-producers and exporters seeking direct access to China’s domestic market through Standard Bank’s Africa-China Trade Solution should “reach out to their local Standard Bank relationship manager or contact Standard Bank Trade at [email protected][MSS1]  ” concludes Myburgh.