Awards for Excellence 2018
Africa’s best investment bank, Standard Chartered, owes its success to its pre-eminence in foreign exchange, debt capital markets, loans, advisory, structured products and research.
Like Société Générale, it is an international bank that has shown persistent commitment to the region. As the bank says of its ‘Here for Africa’ campaign: it “represents our 120-year heritage in Africa and underpins our continuing commitment to leadership in Africa markets business”.
Making good use of a team of over 100 relationship managers, 50 sales personnel and 15 product originators and drawing on a deep understanding of the local markets, Standard Chartered – under regional CEO for the Middle East and Africa, Sunil Kaushal – worked on $4.3 billion of debt issuance, $2.2 billion of loans and $1.6 billion of M&A deals over the last year.
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| Sunil Kaushal |
The bank assisted telecoms firm Tata Communications on its divestment of 100% of South Africa’s Neotel, for an enterprise value of $450 million – the largest telecoms deal in sub-Saharan Africa in 2017. And it advised French investment company Wendel Group on the acquisition of Tsebo Solutions Group for $380 million.