Certainly, China and wider Asia offer Africa an even broader selection of capital opportunities. Standard Bank’s institutional relationship with the Industrial and Commercial Bank of China – and the access that this provides to the highest level of the Chinese banking and capital system – presents yet another opportunity for Africa to broaden its access to global capital on ever-more competitive, innovative and extended terms.

Since Africa still has a way to go in accessing the size of local currency liquidity available to support large debt transactions, being able to partner with a global bank able to identify the right opportunities – and pick the right windows – to approach both traditional and new global US$ debt markets remains essential.