SEVEN

Infrastructure

SDG 7 prioritises access to affordable, reliable and sustainable energy for all, while SDG 9 focuses on the development of resilient infrastructure to enable inclusive and sustainable industrialisation. The African Development Bank estimates that Africa needs to invest at least US$130 billion a year to address the infrastructure gaps that undermine economic growth and competitiveness across the continent.

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Most African capital markets lack the capacity to finance large-scale infrastructure projects. We’re working with African governments and development institutions to enable funding for crucial developmental infrastructure in the energy, transport, telecommunications and health sectors.

ENERGY PROJECTS FINANCED –

SINCE 2012 (SBG)

Zambia’s zesco power infrastructure expansion

Stanbic Zambia co-arranged the US$164 million funding required to expand the grid infrastructure and distribute affordable energy access into more Zambian communities.

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I returned to Ghana to be part of the effort to develop our country. At this stage in our nation’s growth, there is nothing more impactful than the provision of power and infrastructure to the populace, whether in small villages or in the urban centres. I am privileged to be in a position to contribute to the decisions ultimately made by Stanbic to commit our financial capital and human resources to projects that enhance our energy sources and industrial infrastructure.
– Randolph Rodrigues, Head of investment banking, Stanbic Ghana

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