February 12, 2018 IBOMLLC Team

Innovation and Consolidation to drive African telecom, media, and tech deals – Standard Bank

Standard Bank

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Improving economic growth and investment in technology and broadband to fuel growth in Africa’s telecom media and tech sector

The global head of TMT for Africa’s largest bank, Standard Bank, is predicting continuing deal flow and increasing investment in Africa’s flourishing telecom, media, and technology sector in 2018, against a backdrop of improving economic growth and increasingly stable currency outlook across key markets such as Nigeria.

Speaking ahead of the TMT Finance Africa in Cape Town 2018 conference, Nina Triantis, Global Head of TMT at Standard Bank, said there were investment and financing opportunities for the right companies in Africa, with disruption, innovation and consolidation likely to be the major deal drivers in the sector over the year ahead.

“Investment and M&A in TMT is still especially active in Africa, despite some various economic challenges still facing select countries. Investment in technology is driving applications and innovation across the continent and across sectors,” she said. While economic and currency issues have dampened investor appetite in countries such as Nigeria over the past 12-24 months, conditions are now improving and stabilizing, according to Triantis, which is …read more

Read more here:: Innovation and Consolidation to drive African telecom, media, and tech deals – Standard Bank

      

IBOM LLC

We're passionate about your business and we only offer the best solutions.