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Standard Bank predicts increased M&A activity in African tech

Standard Bank is Africas largest bank in assets. (Image source: Standard Bank)

Predictions come at TMT Finance Africa in Lagos this month

Standard Bank, Africa’s largest bank by assets, has partnered with international news and events provider TMT Finance for the inaugural TMT Finance Africa in Lagos 2016 Conference. The event is bringing together the leading decision makers in African telecoms, media and technology (TMT) to Lagos on 20th September 2016. The conference comes at a time of accelerating investment, innovation and M&A activity across Africa, and in particular Nigeria, with Lagos widely viewed as the central hub for technology innovation and investment in Africa.

Standard Bank’s global head of TMT, Nina Triantis, who will be speaking on the TMT M&A Panel at the conference, said “as one of the leading TMT banks in Africa, we are excited to partner with TMT Finance for this event, which will bring the key telecom, media and technology companies, investors and advisers to Lagos in Nigeria.”

“Investment and M&A in TMT continues to be especially active in Africa, with many companies across the continent considering strategic options, growth along diverse verticals, private debt and equity financing rounds, M&A, and public listings,” said Standard Bank’s Triantis. “The debt markets continue to be supportive for the right companies in Africa, despite macro challenges in many African countries as well as global uncertainty, though the funding currency and medium will inevitably reflect these challenges,” she added.

The event will feature more than 60 key C-level speakers from the most active and innovative companies, investors and advisers in Africa, including: IHS Towers, Airtel, Standard Bank, Etisalat, MTN, Vodacom, Africa Internet Group, Ringier, iRoko, MainOne, iPNX, Spectranet, Fibersat, Citi, Convergence Partners, Standard Chartered PE, Carlyle, Africa Capital Alliance and Emerging Capital Partners.

Standard Bank Group is the largest African bank by assets with a unique footprint across 20 African countries. The group has more than 54,000 employees, over 1,200 branches and 8815 ATMs on the African continent, which enable it to deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management.

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