A new era of African banking: Regional champions in the driving seat

A spike in international banking divestments (Standard Chartered, BNP Paribas, Société Générale) in Africa could pave the way for local regional champions but may strip domestic banks of global networks. While African banks such as Coris, Vista Group and Access Bank have expanded in the wake of recent departures, a subdued international presence could constrain forex availability, limit overseas investment partners for large projects and prolong a downward trend for correspondent banking relationships. What can local players do to maintain global ties? And how can African banks step up to serve large corporate clients and close trade finance and SME lending deficits? This digital event organised by AFIS, Jeune Afrique and The Africa Report will delve into these questions and showcase a special report on the 300 Champions of Finance, giving you the keys to understand a sector undergoing radical change.

Key points 

– The new gateways for intra-African and external trade after the international banking slowdown

– Guarantees, strengthened liquidity and overseas expansion: The essentials for regional champions to take the lead

– Preserving forex, international investor appetite and correspondent banking relationships 

Partners