With major multinationals scaling back in Africa, regional players of all sizes are embracing the opportunities left behind.
Infrastructure and economic development needs are challenging countries to provide jobs, as urban growth is poised to surge over the next decade.
Vinod Madhavan, Head, Transactional Products & Services for Standard Bank Africa at SIBOS 2016 Geneva talks with Global Finance Editor Andrea Fiano.
UK-based Barclays has reduced its shareholding in Johannesburg-listed Barclays Africa from 62.3% to 50.1% this year and is believed to be seeking to reduce that stake further to around 20%.
The prolonged downturn in oil and other commodity prices has pushed petrochemical and mining firms out of the Global Finance rankings of the best-performing companies in sub-Saharan Africa this year.