Energy and Infrastructure
Energy and Infrastructure are two critical pillars that lay the foundation for Africa's sustainable development and economic growth. Our on-the-ground teams and deep sector expertise are driving this transformation by partnering with clients and industry leaders to diversify the energy mix and accelerate economic growth.
Insights
Sub Sectors
Energy
Energy, underpins economic growth in mature and emerging markets, with Africa no exception. In Africa, where around 500 million people do not have access to electricity, increased access to energy (including access to fuels for transportation and cooking) is crucial to human development and the continent’s industrialisation, which can promote increased prosperity and reduced energy inequality. We believe that access to affordable and reliable energy is fundamental to Africa’s development.
Partnering for progress: Advancing Africa's energy sector
Our efforts in transforming the sector include providing financial support and advice to clients with their innovative projects, including the following:
- Ishwati Wind Farm: We closed a R4.9 billion deal for the 140MW Ishwati Wind Farm, a first-of-its-kind project which supports South Africa's renewable energy transition and facilitates flexible power supply to multiple businesses.
- Diaz Wind Project: We provided NAD1.2 billion as lead arranger for the 44MW Diaz Wind Project. This initiative sets a powerful precedent for sustainable energy development in emerging economies, contributing to global efforts for a greener future.
- Etana Energy: As the lead financier, we've brought the landmark 75MWac Du Plessis Solar PV2 project to life. This significant project, co-developed by Mulilo and H1 Holdings, delivers clean energy and supports South Africa's low-carbon transition and economic growth. This was made possible by a groundbreaking $100 million payment default guarantee framework by GuarantCo and British International Investment (BII).
Infrastructure
Infrastructure development is a crucial aspect of Africa’s growth. With a youthful population, there is an increasing demand for infrastructure that promotes reliable forms of transportation and industrialisation in order to create job opportunities and boost economic activity.
By investing in the development of the continent’s infrastructure, we can begin to create more opportunities to promote inter-regional trade, strengthen relations between African countries, create more efficient ways to import and export products and accelerate economic growth across the continent.
-
Energy
-
Infrastructure
Energy, underpins economic growth in mature and emerging markets, with Africa no exception. In Africa, where around 500 million people do not have access to electricity, increased access to energy (including access to fuels for transportation and cooking) is crucial to human development and the continent’s industrialisation, which can promote increased prosperity and reduced energy inequality. We believe that access to affordable and reliable energy is fundamental to Africa’s development.
Partnering for progress: Advancing Africa's energy sector
Our efforts in transforming the sector include providing financial support and advice to clients with their innovative projects, including the following:
- Ishwati Wind Farm: We closed a R4.9 billion deal for the 140MW Ishwati Wind Farm, a first-of-its-kind project which supports South Africa's renewable energy transition and facilitates flexible power supply to multiple businesses.
- Diaz Wind Project: We provided NAD1.2 billion as lead arranger for the 44MW Diaz Wind Project. This initiative sets a powerful precedent for sustainable energy development in emerging economies, contributing to global efforts for a greener future.
- Etana Energy: As the lead financier, we've brought the landmark 75MWac Du Plessis Solar PV2 project to life. This significant project, co-developed by Mulilo and H1 Holdings, delivers clean energy and supports South Africa's low-carbon transition and economic growth. This was made possible by a groundbreaking $100 million payment default guarantee framework by GuarantCo and British International Investment (BII).
Infrastructure development is a crucial aspect of Africa’s growth. With a youthful population, there is an increasing demand for infrastructure that promotes reliable forms of transportation and industrialisation in order to create job opportunities and boost economic activity.
By investing in the development of the continent’s infrastructure, we can begin to create more opportunities to promote inter-regional trade, strengthen relations between African countries, create more efficient ways to import and export products and accelerate economic growth across the continent.
Deals within the Energy and Infrastructure Sector
Standard Bank Accelerates South Africa’s Energy Future by Financing NOA’s Clean Power Projects
Standard Bank is proud to partner with NOA Group, one of South Africa's fastest growing and largest emerging energy aggregators, in building a cleaner, more competitive and secure energy future for the country.
Standard Bank Invests in Namibia's Diaz Wind Project - A Major Renewable Energy Initiative by InnoVent
Standard Bank is proud to announce that it has partnered with InnoVent SAS to provide NAD1.2 billion in funding for the Diaz Wind Project, Namibia's largest wind energy farm. This investment underscores the bank’s commitment to supporting renewable energy and driving sustainable development across Africa.
Stanbic IBTC served as lead financing institution and issued ₦53 billion to fund Lagos Free Zone
Stanbic IBTC is proud to announce that it has issued a ₦53 billion bond to fund the Lagos Free Zone, which is designed to enhance Nigeria's trading landscape by providing organisations with access to top-tier facilities and services.
Standard Bank backs TotalEnergies’ major hybrid renewable project
Standard Bank is proud to announce that it has partnered TotalEnergies through its renewables’ affiliates in South Africa and Hydra Storage HoldCo to successfully facilitate a major hybrid renewables project.
Standard Bank supports Seriti Green’s goal towards renewable energy solutions in Mpumalanga
Standard Bank is pleased to announce that it has successfully reached financial and commercial close on Seriti Green’s 155MW renewable energy wind project in Mpumalanga, the initial phase of the greater Ummbila Emoyeni facility.
Standard Bank paves the way for Malawi’s growth with K34.5 billion landmark road project
In line with our efforts to improve the lives of African citizens, we are proud to announce our partnership with the Malawian Government, where we secured K34.5 billion (R500 million) in funding for the landmark Kenyatta Drive and Mzimba Street project.
Standard Bank supports the Lesotho Highlands Development Authority with Phase 2 of the Lesotho Highlands Water Project
Standard Bank is proud to announce that it has partnered with the Lesotho Highlands Development Authority to support Phase 2 of the Lesotho Highlands Water Project.
Listen to our latest sector - focused podcasts
Sectors
Episode 1: A look at factors shaping the energy sector
Listen to episode one of our sector-focused podcast series, where Rentia Van Tonder, Head: Power; Vincenzia Leitich, Executive: Energy and Infrastructure; and Pieter Joubert, President and Chief Investment Officer, CrossBoundary share insights on the current and future state of the energy sector in Africa.
Sectors
Episode 2: Opportunities to improve water infrastructure in South Africa
In this episode of our sector-focused podcast series, Zen Dlamini, Executive Head of Infrastructure, Sovereign and Public Sector at Standard Bank CIB, and Zodwa Mbele, Chief Financial Officer at the Development Bank of Southern Africa, reflect on the state of water infrastructure in South Africa.
Sectors
Episode 3: Outlook on the consumer sector in South Africa
Listen to episode 3 of our sector-focused podcast series. 2024 presented many challenges for dealmakers in South Africa, as the country faced the impact of the national elections, muted economic growth, high interest rates and foreign exchange concerns. To discuss the evolving landscape of the consumer sector, Karen Van Der Westhuizen, Head of Consumer Sector for South Africa at Standard Bank is joined by Michael Dempster, Head of Consumer Mergers and Acquisitions at Standard Bank; and Zanelle Scheepers from the M and A team at Pepkor.
Dele Kuti
Global Head: Energy and Infrastructure
Energy and Infrastructure are pivotal to Sub-Saharan Africa’s progress. In a fast-evolving global context, harnessing SSA’s potential is crucial in driving economic growth and maintaining Africa’s global competitiveness.
GET IN TOUCH
Dele Kuti
Head: Energy and Infrastructure
Email
Rentia Van Tonder
Head: Power, Client Coverage
Telephone
Email
Paul Eardley-Taylor
Southern Africa Head: Oil and Gas
Telephone
Email
Olivier Fleurentin
Executive: Energy and Infrastructure - Europe
Telephone
Email
Maina Kigundu
Head: Oil and Gas
Email
Jonathan Muga
Head: Infrastructure
Telephone
Email
Malaika Bakar
Ghana: Head of Energy and Infrastructure (Oil & Gas)
Telephone
Email
Sydney Nii Ayitey Tetteh
Ghana: Head of Energy and Infrastructure (Power & Infrastructure)
Telephone
Email
We also offer
Diversified Industries Sector
Broadening solution driven product offerings and services.
Mining and Metals Sector
We provide specialist technical expertise you need to operate in the mining and commodities industry.
Real Estate Sector
Partnering with you for your real estate financing success.
Telecommunications, Media and Technology Sector
Connecting you to the right partners in the telecommunications, media and technology sector.
Public Sector
Driving financial solutions in the public sector.