Standard Bank: Aggressive bids likely to continue as African tower industry matures
Standard Bank’s verdict on the tower operators bidding for Africa’s infrastructure assets
Standard Bank is Africa’s largest financial institution with a presence in eighteen countries, offering corporate, investment and retail banking. Standard Bank has had a TMT focus since 1998 and has followed the major operators since then to maturity. Standard Bank was an early stage investor in Celtel. Standard Bank has been financing the tower industry in Africa since 2010 and has led a number of the more recent transactions including in Ghana, Tanzania and Uganda. Standard Bank is also an adviser in the tower business, and has an active current mandate in Africa. TowerXchange spoke to Nina Triantis, Managing Director and Global Head of Telecoms and Media at Standard Bank.