Rich Ricci, Co-Chief Executive of Corporate and Investment Banking, opened the event, which focused on the opportunities and challenges of doing business in Africa, as well as Barclays unique presence on the continent.
Client attending the forum discussed topics such as Africa’s macroeconomic outlook and our Corporate Banking division’s products in the region.
Cheryl Buss, Head of Multinational Corporates in Africa, Corporate Banking, Barclays, moderated a panel discussion which featured the following industry experts:
- Anuradha Bajaj, Head, Investment and Finance Team, Private Sector Department, UK Department for International Development
- Giles Newell, Deputy Treasurer of brewer SABMiller
- Paul Cleal, Leader, Government & Public Sector at PwC
- Paul Davis, Group General Counsel of payment processing company PacNet Services
- David Armstrong, Finance Director of investment company Lonrho.
The panellists addressed the hurdles businesses face when implementing pan-African strategies and highlighted:
- The need for innovative payments solutions
- The value of an ‘on-the-ground’ banking presence
- The significance of regulatory considerations
- The importance of interacting with the local community.
Cheryl commented: “We were delighted to see such a wide range of clients attending the forum – this certainly again shows the high level of interest that Africa is attracting as a region with burgeoning business opportunities.”
Chris van Niekerk, Managing Director, Strategic Coverage, Africa, Corporate Banking, Barclays, hosted the forum.
Chris concluded: “Barclays has a unique presence to assist both clients already operating on the Continent and those looking to it as a new area for expansion.”
More than 90 clients from 67 companies, alongside 50 Barclays representatives, attended the event.