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Standard Bank bets on East Africa as growth engine amid global uncertainty

Johannesburg City Street in the CBD. Photo by Vije Vijendranath @ Unsplash
Johannesburg City Street in the CBD. Photo by Vije Vijendranath @ Unsplash
  • East Africa positioned as core growth pillar
  • Bank cites demographics, trade links, IT potential

 

JOHANNESBURG, SOUTH AFRICAStandard Bank Group is sharpening its focus on East Africa, positioning the region as a core pillar of its continental growth strategy as global economic uncertainty deepens.

Standard Bank’s renewed emphasis on East Africa comes as Africa’s geopolitical and economic relevance rises, driven by demographics, resource demand and shifting global supply chains. In a statement outlining the bank’s regional ambitions, Group Chief Executive Sim Tshabalala said the continent remains one of the world’s most compelling growth frontiers.

  • East Africa positioned as core growth pillar
  • Bank cites demographics, trade links, IT potential

 

JOHANNESBURG, SOUTH AFRICA - Standard Bank Group is sharpening its focus on East Africa, positioning the region as a core pillar of its continental growth strategy as global economic uncertainty deepens.

Standard Bank’s renewed emphasis on East Africa comes as Africa’s . . .

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