Standard Bank Corporate & Investment Banking serves the diverse needs of governments, parastatals, larger corporates, financial institutions and international counterparties. We have concluded many deals that cross function, business line and region, and provide a comprehensive range of products and services to our clients through our cross-functional teams. Our market-leading solutions cross global markets, investment banking, and transactional products and services, supported by trusted advisory and research capabilities.
Standard Bank has expertise in industry sectors most relevant to real growth and development in Africa, focusing on the mining and metals; oil and gas; power and infrastructure; financial institutions; telecommunications and media; and consumer sectors. We have an extensive Real Estate capability. We also have expertise in relevant sectors at a country level, including diversified industries (including automotive), healthcare and pharmaceuticals, international development groups, and the public sector.
Standard Bank has acted as Joint Lead Manager and Bookrunner on Banque Ouest Africaine de Développement’s (BOAD) inaugural Eurobond. The US$750 million 5 year issuance is BOAD’s debut Eurobond and matches in size the largest ever US$ Eurobond issue by any African financial institution. The Bank has also worked on local currency bond issuances across Africa this year, including four from the Republic of Ghana (for Stanbic Bank Ghana), two issuances each from Bayport Financial Services in Ghana and Mozambique and the first Namibia dollar (“NAD”) denominated domestic bond issuance by the International Finance Corporation (IFC).
Power trading agreements between countries that possess excess power generating capacity and those battling supply shortages will be a dominant theme in the electricity markets of south-central African nations in the next three to five years, says Standard Bank.