Financing Africa Forward with Sim Tshabalala
Addressing the high cost of capital is as nuanced as it is urgent. Ahead of the Financing Africa Forward Cost of Capital Summit, Marcus Courage speaks with Standard Bank Group CEO, Sim Tshabalala about what is needed to set the agenda for Africa’s financial future. They discuss the structural and dynamic factors that drive up capital costs for Africans, and how to unlock the continent’s vast potential, not just for Africans, but for the entire world.
Sovereigns need to improve the quality of their investor relations, a bit like we do in business. They need to ensure they understand what investors require and make a strong investment case.
-
In this episode
00:00 Welcome to Voices of Africa
01:10 Understanding the cost of capital
03:00 Why African borrowing costs are high
09:14 The impact of misaligned ratings
11:41 Real-world consequences of high interest rates
15:07 Recommendations for change
20:24 Mobilising capital for infrastructure
24:14 Changing regulatory frameworks
32:35 Financing Africa forward
Proud to be BCorp. We are part of the global movement for an inclusive, equitable, and regenerative economic system. Learn more