Foreign Exchange Rates

DStv Advert_090724

DStv Advert_090724

SBT Tanzania Advert_291123

Friday, 2 September 2016

STANDARD BANK PREDICTS INCREASED M&A ACTIVITY IN AFRICAN TELECOM, MEDIA AND TECHNOLOGY


Standard Bank, Africa’s largest bank by assets, is partnering with international news and events provider TMT Finance for the inaugural TMT Finance Africa in Lagos 2016 Conference.

LAGOS, Nigeria, September 1, 2016/ -- Standard Bank (www.StandardBank.com), Africa’s largest bank by assets, is partnering with international news and events provider TMT Finance for the inaugural TMT Finance Africa in Lagos 2016 Conference, which is bringing together the leading decision makers in African telecoms, media and technology (TMT) to Lagos on September 20, 2016 http://www.TMTFinance.com/lagos/

The event will feature over 60 key C-level speakers from the most active and innovative companies, investors and advisers in Africa, including: IHS Towers, Airtel, Standard Bank, Etisalat, MTN, Vodacom, Africa Internet Group, Ringier, iRoko, MainOne, iPNX, Spectranet, Fibersat, Citi, Convergence Partners, Standard Chartered PE, Carlyle, Africa Capital Alliance and Emerging Capital Partners.

“As one of the leading TMT banks in Africa, we are excited to partner with TMT Finance for this event, which will bring the key telecom, media and technology companies, investors and advisers to Lagos in Nigeria,” said Standard Bank’s Global Head of TMT, Nina Triantis, who will be speaking on the TMT M&A Panel at the conference in one of the key sessions of the day.

The event comes at a time of accelerating investment, innovation and M&A activity across Africa, and in particular Nigeria, with Lagos widely viewed as the central hub for technology innovation and investment in Africa.

“Investment and M&A in TMT continues to be especially active in Africa, with many companies across the continent considering strategic options, growth along diverse verticals, private debt and equity financing rounds, M&A, and public listings,” said Standard Bank’s Triantis. “The debt markets continue to be supportive for the right companies in Africa, despite macro challenges in many African countries as well as global uncertainty, though the funding currency and medium will inevitably reflect these challenges,” she added.

Current deals in Africa being reported by TMT Finance News include MTN’s Nigerian IPO, the sale of South Africa’s Neotel to Liquid Telecom, Millicom’s strategic review of its African assets, several fibre investment projects and fundraisings, and the potential listing/ sale of Nigerian fintech firm, InterSwitch.

The conference includes five Leadership Panel Debates, five Visionary Keynote Speeches, 8 Peer to Peer Round Tables and Five Networking Sessions.

Key session themes announced include: Telecom Leadership Africa: Broadband Infrastructure Investment; Digital Africa; Mobile Infrastructure Strategies; Mergers and Acquisitions; Private Equity Africa Roundtable; Regulation and Policy; Financing Telecoms; Broadband Infrastructure; Investing in Mobile Data and Services; Mobile Banking, Fintech and M-Health; and Media and Convergence.

For more information go to http://www.TMTFinance.com/lagos

Register at www.TMTFinance.com/lagos/register

Distributed by APO on behalf of TMT Finance.

About Standard Bank:


Standard Bank Group (www.StandardBank.com) is the largest African bank by assets with a unique footprint across 20 African countries. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange.
Standard Bank has a 153-year history in South Africa and started building a franchise outside southern Africa in the early 1990s.

Our strategic position, which enables us to connect Africa to other select emerging markets as well as pools of capital in developed markets, and our balanced portfolio of businesses provide significant opportunities for growth.
The group has over 54 000 employees, over 1 200 branches and 8815 ATMs on the African continent, which enable it to deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management. Standard Bank's Corporate & Investment Banking division offers its clients banking, trading, investment, risk management and advisory services to connect selected emerging markets to Africa and to each other. It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.

Normalised headline earnings for 2015 were R22 billion (about USD1.7 billion) and total assets were R1.98 trillion (about USD128 billion). Standard Bank’s market capitalisation at 31 December 2015 was R184 billion (approximately USD11.8 billion).

The group’s largest shareholder is the Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 20.1% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.

For further information go to www.StandardBank.com

No comments:

Post a Comment