Standard Bank International is positioned in seven key financial centres outside Africa: Beijing; Dubai; The Isle of Man; Jersey; London; São Paulo and New York, making us the only African bank with a global presence. We work with our global multinational clients to develop their Africa strategies and, in collaboration with our colleagues across Africa, identify and unlock opportunities for investment, and simplify their ability to do business in Africa, thereby driving Africa’s growth.
Standard Bank Group partners with African governments, SOEs and businesses to raise funds on international markets, and works with them to structure appropriate financial instruments to direct this funding, including into critical public infrastructure. We work with partnering banks to distribute the exposure across various investors in America, Europe, the Middle East and Asia. In 2019 we raised in the region of USD15 billion (R217 billion) for our clients.
We helped raise over USD1 billion of equity in initial public offerings (IPOs) for regional African companies on the London Stock Exchange (LSE). For example, we acted as joint global coordinator and joint bookrunner for the Helios Towers’ IPO and its listing on the premium segment on the LSE. Helios Towers is a leading sub-Saharan independent telecom towers company operating across Tanzania, the DRC, Ghana, Congo Brazzaville and South Africa, working to enhance digital infrastructure and social connectivity, providing direct employment to local people and investing in employee skills development. The IPO raised a total of £288 million (R5.5 billion) and was the largest to close on the LSE in the second ten orders, including the largest order in the book.