Custodians collaborate on African research project

Standard Bank, BNY Mellon and industry partners prepare to map institutional attitudes to investment in Africa.

By Richard Schwartz

A new research project into global investment into capital markets across Africa has been launched to explore how current opportunities are being harnessed and what can be done to facilitate them.

The project aims to explore operational and regulatory factors alongside underlying investment considerations. 

The project has been initiated by Standard Bank and BNY Mellon, along with emerging markets advisory firm MiDA Advisors (MiDA) and two industry bodies –the London-based African Private Equity and Venture Capital Association (AVCA) and SAVCA, the Southern African equivalent. Global Custodian and the ValueExchange are providing support to the initiative. 

“With a GDP growth rate of up to 7%, nearly $50 billion in net FDI flows and bond yields of up to 18%, we’re keen to discover how global investors are making the most of the Africa opportunity today,” says Barnaby Nelson, CEO, the ValueExchange, which is managing the survey process for the initiative. 

The aim is to provide statistical insights on how to improve African investment flows by, says Nelson, “demystifying the African markets for global investors, showcasing leading investment trends into the region and identifying the key steps needed to grow foreign investments into Africa.”  

Participants in the survey will receive a personalised scorecard benchmarking their responses against the global response sample. The exercise will ultimately result in a market handbook on investment in African markets.  

A link to participate in the survey, which is now open, is available here.