Standard Bank to connect over 90 African clients with business opportunities at world’s largest trade expo in Shanghai

A strategic demonstration to strengthen the Africa-China trade corridor

Standard Bank will host over 90 clients from six African countries at its networking activities, in partnership with the Industrial and Commercial Bank of China (ICBC), at the upcoming China International Import Expo (CIIE) from November 5 to 10, 2019 in Shanghai.

The CIIE, now in its second year, is the world’s most dominant import trade show and provides opportunities for global exporters to expand their business to China and develop beneficial trade relations with Chinese importers. Three thousand enterprises representing 150 countries are confirmed to participate in the expo, and more than 1 million visitors are expected to visit over its duration.

As the global market becomes increasingly complex with trade protectionism threatening the free trade system, China is seeking to widen market access to the rest of the world to realise the potential of its economy and support the multilateral trade system.

In recognition of China’s intent to open its economy to imports of goods and services from other countries, Standard Bank, Africa’s biggest lender and operator of the Africa-China trade corridor, is exposing export-ready clients to trade opportunities at the CIIE this year.

This is the second time in which Standard Bank has hosted a large delegation at the CIIE, and the 2019 delegation includes clients from South Africa, Uganda, Nigeria, Mozambique, Angola and Ghana spanning a range of sectors including retail, pharmaceuticals, logistics and, most predominantly, agriculture.

“The significant weighting of African clients within the food and agriculture sector is a good match for Chinese importers, who are looking to satisfy demand for quality African products such as wines, fresh produce, nuts, maize, seeds and oils,” says Leon Barnard, Chief Executive, Personal and Business Banking, Africa Regions.

Standard Bank, together with the ICBC, will host bespoke match-making sessions that run concurrently to the CIIE, where the invited African clients will be “matched” for discussion on opportunities with over 500 Chinese clients of the ICBC who are interested in importing African products.

To further support its intent to expand Africa China trade, Standard Bank has two large stands at CIIE for the duration of the expo. The first is situated in the Trade in Service Exhibition Hall (stand 1.1B4-03), while the other features prominently in the Food and Agriculture Exhibition Hall

(stand 8.2B3-01).

“Our clients will get the opportunity to introduce their products to a multitude of Chinese buyers, importers and investors who plan to attend the CIIE. It is a practical and tangible step in rapidly growing trade and investment relationships between Africa regions and China,” says Mr. Barnard.

China has ramped up efforts to support trade with Africa over the past two decades to become the continent’s largest trading partner. This is a result of its embrace of Africa as framed by the Forum on China-Africa Co-operation (FOCAC), which has ushered in exponential growth in China-Africa commercial ties.

These efforts are bolstered by the cooperation between Standard Bank and the ICBC, who together understand the vast potential of China-Africa trade better than any organization owing to their strategic partnership aimed at expanding the import and export value chains between Africa and China.

The two partners have been building an effective trade corridor between China and Africa over the 10 years of their institutional relationship, with both banks working closely together to provide product offerings to meet the needs of both Chinese importers and African exporters at both ends of the trade corridor.

Mr. Barnard added: “When we say Africa is our home and that we drive her growth, it is our responsibility to extend ourselves beyond just banking. We must add value by providing our clients with the exposure, information and expertise to foster the relationships and opportunities that drive their growth.”

Most importantly, however, exposing Standard Bank’s African clients to 150 000 Chinese importers at the wider expo presents African businesses, their trade associations and governments, “the biggest opportunity yet to grow the scale, reach, sophistication and inward integration of African businesses and economies through export-led growth,” concluded Mr. Barnard.

25 thoughts on “Standard Bank to connect over 90 African clients with business opportunities at world’s largest trade expo in Shanghai

  • April 28, 2021 at 5:18 am

    Hi there, I discovered your blog by means of Google at the same time as searching for a related subject, your
    web site got here up, it seems to be great. I have bookmarked it in my
    google bookmarks.
    Hi there, simply become aware of your weblog via Google, and located that it’s truly informative.

    I am going to watch out for brussels. I’ll appreciate in case you proceed this in future.
    A lot of folks might be benefited from your writing. Cheers!

  • April 29, 2021 at 1:06 am

    It’s difficult to find experienced people for this topic,
    but you sound like you know what you’re talking about!

  • April 29, 2021 at 2:52 am

    I think the admin of this website is truly working
    hard in favor of his website, as here every stuff is
    quality based information.

  • April 29, 2021 at 1:53 pm

    Wonderful, what a webpage it is! This webpage presents useful data to us, keep it up.

  • May 3, 2021 at 11:16 pm

    We’re a group of volunteers and starting a new scheme in our community.

    Your website offered us with valuable info to work on. You have
    done an impressive process and our whole group will probably be grateful to you.

  • May 4, 2021 at 10:20 am

    Every weekend i used to visit this website, because
    i wish for enjoyment, for the reason that this this site conations genuinely good funny material too.

  • May 7, 2021 at 1:31 pm

    Hi, I do believe this is a great website.

    I stumbledupon it 😉 I may come back yet again since i have saved as a favorite it.
    Money and freedom is the greatest way to change, may you be rich and continue to help other people.

  • May 8, 2021 at 6:13 am

    Hmm is anyone else experiencing problems with the images on this blog loading?
    I’m trying to find out if its a problem on my end or if it’s the
    blog. Any feed-back would be greatly appreciated.

  • May 9, 2021 at 2:58 am

    I am genuinely grateful to the holder of this site who has shared this enormous article at at this time.

  • May 15, 2021 at 11:01 am

    Excellent post. I was checking constantly this blog and I am impressed!
    Very helpful information particularly the last part 🙂 I care for such info much.
    I was looking for this particular info for a long time.
    Thank you and best of luck. scoliosis

  • May 16, 2021 at 11:19 pm

    I was recommended this web site by my cousin. I am not sure whether this post is written by him as nobody else
    know such detailed about my trouble. You are
    amazing! Thanks! scoliosis

  • May 20, 2021 at 5:22 pm

    dating sites
    I just like the valuable information you provide on your articles.

    I’ll bookmark your weblog and check again here frequently.
    I’m moderately certain I will learn lots of new stuff proper right here!
    Good luck for the next! free dating sites

  • May 21, 2021 at 12:34 pm

    I do not even know how I ended up here, but I thought
    this post was great. I don’t know who you are but definitely you’re
    going to a famous blogger if you aren’t already 😉 Cheers!

  • May 25, 2021 at 11:31 pm

    554196 817460Fantastic post will probably be linking this on several internet sites of mine maintain up the good function. 118284

  • May 26, 2021 at 9:07 am

    I’m impressed, I have to admit. Seldom do I encounter a blog that’s both equally educative and engaging, and let me tell you, you’ve hit the nail on the head.
    The issue is something that not enough people are speaking intelligently about.
    Now i’m very happy that I came across this during my hunt
    for something regarding this.

  • May 26, 2021 at 10:09 am

    Great blog! Is your theme custom made or
    did you download it from somewhere? A theme like
    yours with a few simple tweeks would really make my blog jump out.
    Please let me know where you got your theme.

  • May 29, 2021 at 9:22 am

    I just could not go away your website prior to suggesting
    that I really loved the usual information a person supply for your guests?
    Is going to be back steadily to inspect new posts

  • May 30, 2021 at 8:57 pm

    Hi, the whole thing is going nicely here and ofcourse every one is sharing data, that’s in fact excellent, keep up writing.

  • May 31, 2021 at 12:23 am

    I must thank you for the efforts you’ve put
    in writing this site. I am hoping to view the same
    high-grade content from you in the future as well.
    In fact, your creative writing abilities has inspired me to get
    my own, personal website now 😉

  • May 31, 2021 at 12:03 pm

    638096 317501Every e-mail you send should have your signature with the link to your web web site or weblog. That generally brings in some visitors. 429530

  • June 1, 2021 at 12:53 am

    What’s up to every single one, it’s genuinely a nice for me to visit this site, it includes precious Information.

  • June 1, 2021 at 6:10 pm

    If some one wishes expert view about blogging after that i recommend him/her to pay a visit this webpage, Keep up
    the good job.

Leave a Reply

Your email address will not be published.

%d bloggers like this: