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MAKING DREAMS POSSIBLE FOR INTERNATIONAL DEVELOPMENT ORGANISATIONS
It is with joy and pride that we are privileged to serve the International Development community and partners in several challenging environments in Africa through the provision of innovative digital financial services and payment solutions for effective treasury management.
A gateway into Africa
“In the wake of the covid-19 pandemic, the international development community has had to rethink of new ways of working, build new and sustainable partnerships and embrace digitization and innovation in order to remain relevant to the African communities in terms of social, economic and environmental support. In line with our vision statement, “Africa is our home, we drive her growth”, our aspiration is to become your trusted partner and advisor on the journey you have embarked on to explore the endless possibilities in Africa for our people’s health, wealth and sustainable progress.
As the leading financial services institution in, for and across Africa, we have a duty not only to our shareholders, but also to our clients and our people to provide solutions to support community development centered efforts. It is for this reason that we continue to invest in digitalizing our payments processes to support cash based transfer solutions to the last mile, wholesale foreign currency exchange solutions, staff banking solutions, cross border payments.
Over the last decade, synergies have been created between banks and mobile network operators to bridge the gap between the banked and the unbankedPopulation. This means that we appreciate the challenges that communities in Africa face and we want to be part of creating the solution to the numerous challenges presented by covid-19 and other economic and social challenges.
We recognize that collective effort is required from our stakeholders that is why we engage with them regularly to understand their concerns, build relationships and develop partnerships. We explore ways our bank can work in partnership with donor-funded programmes to ensure sustainable and successful outcomes in line with the specific your project mandates.”Please get in touch for more information about how we can support you in Africa.
Engelbrecht HelmutHead Coverage Africa Regions, Standard Bank
Who We Are
The Standard Bank is an African universal financial services organization operating in 20 markets with a clear mandate: to deliver financial services in, for and across Africa. Our services cut across corporate and investment banking, personal and business banking, wealth, insurance, and investment management. We offer solutions ranging from payments, trade finance and foreign currency exchange to institutions with operations in Africa.
We are an African focused, client centric, digitally enabled and integrated financial services services organization founded 156 years ago and headquartered in Johannesburg, South Africa.
We have operations in 20 African countries and are headquartered in Johannesburg, South Africa, with a primary listing on the Johannesburg Stock Exchange and a secondary listing in Namibia. Our other subsidiary banks in Kenya, Malawi, Nigeria and Uganda are listed on the respective stock exchanges of the markets in which they operate.
As Africa’s largest financial services organization, we recognize the unique growth potential that Africa has and the fact that our growth in directly linked to the growth of the communities in which we operate. We also recognize and applaud the role of the international development organisations operating in challenging environments to deliver services to the people of Africa.
For over 156 years, we have progressively responded to the evolving needs of clients across our 20 African markets and as we continue to deepen and expand the group’s footprint, our focus will remain on fostering financial inclusion through creating innovative payment solutions to enable organisations reach the last mile.
Because Africa is at the heart of everything we do, our strategy is designed to realize the opportunities presented by Africa’s long term structural and development trends.
Our strategy is centered around our commitment to Africa and directs our growth and evolution to the shared benefits of our clients, our people, and our stakeholders. It allows us to lead and build a fit for purpose business and make our Africa footprint and digital platforms future ready.
1 2O3 BRANCHES
53 178 EMPLOYEES
9 033 ATMs
ON THE GROUND PRESENCE
BEST-IN-CLASSTECHNOLOGYmodernised core banking platforms providing leading edge digital capabilities
R289 BILLION(USD 20 BILLION)
MARKET CAPITALISATION OF
KEY STRATEGIC PARTNERSHIPSWith both local and international
organisations whose efforts are centered on achieving the UN sustainable development goals for greater financial inclusion within
remote parts of Africa.
AFRICA IS OUR HOME AND WE DRIVE HER GROWTH
East AfricaEthiopia (represantative office)KenyaSouth SudanTanzaniaUganda
South Africa
South & Central AfricaBotswanaDemocratic Republic of Congo (DRC)eSwatiniLesothoMalawiMauritiusMozambiqueNamibiaZambiaZimbabwe
West AfricaAngola Ghana Ivory CoastNigeria
EuropeIsle of Man Jersey London
Presence in International MarketsBeijingDubai New York Sao Paulo
AfricaOn ground teams across our 20 geographies with an understanding of developmental issues on the African continent.
USAKey team of specialists based in New York, managing relationships with the US government, and implementing partners, multilateral agencies, World Bank group and US-based non-profit Organizations.
EuropeRepresentatives in London responsible for managing ties with European development agencies and implementing partners. Standard Bank is a leader in creating innovative solutions for large corporate entities, African governments and international development agencies
Standard Bank appreciates the critical role of governments and development agencies in Africa.
We have a skilled and experienced team of specialists located in:
Our purpose is to drive the growth of Africa. We are committed to being more than just a provider of financial products and services – we are a catalyst for economic change in our countries of operation and we make life better for our fellow Africans by doing the right business the right way.
We are committed to delivering a universal integrated financial services organization that is
capable of:
Acting as a gateway for “all the way” flow between the international donor community, implementing partners and developing communities in Africa.
Deepening our partnerships with both local and international organisations whose efforts are centered on achieving the UN sustainable development goals for greater financial inclusion within remote parts of Africa.
Providing in-depth development sector expertise and insights into Africa, our back yard with a view of co-creating for social and economic development.
Providing local currency liquidity in exchange of foreign currency especially in highly illiquid and regulated markets.
Providing seamless transactional banking solutions using innovative digital capabilities and partnerships.
Dedicated support for Development Organisations
Why we exist
Standard Bank’s alignment to Development Organizations
• Covid-19 • People and services mobility • Partnerships• Limited Local Infrastructure• Risk management• Local markets insights• Regulatory requirements• Cross border risks• Manual processes
• Co-creation of relevant solutions with development organisations
• Collaboration • Financial literacy• Dedicated client service teams• Technology• People
• Partnership building• Dedicated client service teams• Advisory role• Last mile payment solutions • Digitization of payment
processes• Automation of treasury
management systems to ensure value for money
Client Challenges
Proposed Partnership approach
Our Solutions
Narrowing the Gap between the First and the Last Mile
Integrating service platforms to improve client experience
Revising and improving client service team models to churn out better client service experiences in line with their evolving needs.
Understanding their projects and the challenges and opportunities they have.
Develop a proactive partnership.
Delivery of solutions that meet their business needs.
Make it easy for them to access the Bank
Deliver consistent, reliable service.
Our priorities to serve development organizations include:
There is no doubt that Africa has made tremendous progress toward achieving greater financial inclusion over the last 10 years. However, the gains made risk being eroded by the negative social and economic effects of the covid-19. In light of this there is need to aggressively build a pervasive infrastructure network through partnerships between the Bank, and development organisations to continue enhancing the quality and depth of financial inclusion, Here the overarching objective is to enhance human capital development, create jobs, deepen SME participation in economic growth, support underserved communities, improve household welfare and facilitate access to usage of quality and affordable financial services in the farthest corners of Africa.
There is a general move toward the expansion of financial inclusion driven by mobile money across the board, however the cost of mobile money services continues to prohibit growth.
As a Corporate citizen of Africa, Standard Bank’s core responsibility is to our people and the communitiesin which we operate. This means that we take time to understand and appreciate the challenges thatcommunities in Africa face and we want to be part of the solution to the numerous challenges experienced daily.
We recognize that we cannot achieve our purpose “Africa is our home, we drive her growth”, without our stakeholders that is why we engage our stakeholdersregularly to understand their concerns, build relationships and develop partnerships. We explore ways the Bank can work in partnership with donor-funded programmes to ensure successful and long term positive outcomes for our continent.
We are therefore renewing our commitment to support the expansion of financial services access in Africa through deploying our resources (people and
technologies) to the “last mile” through;
Providing Mobile money bulk payment solutions
Conducting Financial literacy and training to increase the level of understanding of saving and investments for our people
Payments via cards and mobile wallets
Collaboration with other financial sector deepening players to avail necessary technologies for financial inclusiveness and economic growth
Taking leadership in deepening customer understanding to ensure more robust interventions to build sustainability
We will also continue to hold joint partner workshops with key members of the donor community and their partners in our markets with a view of jointly finding solutions to the common challenges that hamper our ability to narrow the gap between the first and the last mile and build a cash free environment in Africa.
We continue to serve leading development organizations in Africa to conduct business in the communities we operate, with a view of deepening these relationships for greater community benefits.
SEE IMPACT AREAS STANDARD BANKS MATERIAL PRIORITIES
ALIGNMENT TO SUSTAINABLE DEVELOPMENT GOALS
FINANCIAL INCLUSION • Improving access and affordability – convenient digital products and services, accessible even without a bank account
• Rethinking security/collateral requirements for loans
• Providing consumer edu-cation to enable people to manage their finances more effectively
• Helping our customers save, invest and plan for the future, according to their individual needs
Deepen financial inclusion across Africa with appropriate digital offerings
Work with our customers to miti-gate overindebtedness (including sales-in-execution)
SDG 8.10 – Strengthen the capacity of domestic financial institutions to en-courage and expand access to banking, insurance and financial services for all
JOB CREATION AND ENTERPRISE DEVELOPMENT
•• Helping Africa’s small businesses access the tools and resources they need to become viable and sustainable •• Provid-ing financial products designed to meet the needs of SMEs and entrepreneurs
Contribute to job creation and en-terprise development in countries of operationDeepen financial inclusion across Africa with appropriate digital offerings
SDG 9.3 – Increase the access of small enterprises to financial services, including affordable credit, and their integration into value chains and markets
INFRASTRUCTURE Working with African gov-ernments and development institutions to structure appropriate funding instruments and mobilise funding for crucial developmental infrastructure: •• Energy •• Water •• Transport (roads and railways, ports and harbours) •• Telecoms
Balancing Africa’s power and ener-gy needs with the negative impact of climate change Adaptation to and mitigation of cli-mate change, especially in relation to water in key sectors and market
SDG 7 – Access to affordable, reliable, sustainable and modern energy for allSDG 9 – Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation
AFRICA TRADE & INVESTMENT
Enabling businesses to grow and expand into new markets, invest in innovation and improve productivity and create jobs •• Facilitating African trade and investment, particularly in the Africa-China corridor in conjunc-tion with ICBC
Contribute to job creation and en-terprise development in countries of operation
SDG 8 – Promotion of sustained, inclu-sive and sustainable economic growth, full and productive employment, and decent work for all
EDUCATION AND SKILLS DEVELOPMENT
•• Supporting early childhood development •• Supporting improved access to education and improved educational outcomes •• Improving access to student finance (including Feenix) •• Supporting access to work opportunities and skills development
Contribute to job creation and en-terprise development in countries of operation
SDG 4 – Inclusive and equitable quality education and the promotion of lifelong learning opportunities for all
EMPLOYEE DEVELOPMENT AND TRAINING
•• Building and retaining local skills in our countries of oper-ation •• Helping school leavers and graduates access the workplace
Impact of digitization and automa-tion on workforce requirementsBuild and retain local skills and ca-pabilities in countries of operation
SDG 4 – Inclusive and equitable quality education and the promotion of lifelong learning opportunities for all
GENDER EQUALITY --Enhancing the leadership potential of women through creating an enabling learning environment and equal oppor-tunities
More women taking up leadership positions and creating a safe and enjoyable working environment where women can mentor and coach others to reach their limit-less potential
SDG 5- Achieve gender equality and empower all women and girls
Our support of the UN SDGs
The Close Loop CardDeveloped with a remotely located communities in mind, the solution enables beneficiaries in remote areas to cash out payments using a card at any of our 2200 agent outlets.
We are able to provide any number of customised closed loop cards upon receipt of a written request from the client and will work with you in the field to ensure the beneficiaries understand how to use the cards and also build a mechanism for handling exceptions to ensure a seamless service experience.
Mobile bulk payments For payments from your account (directly into a beneficiary’s mobile money wallet).Funds sent to beneficiaries accounts are sent in real time and beneficiaries can cash out the funds at mobile money agents or via the Bank’s agent outlet network.
Business Online This is Standard bank’s flagship online banking platform used for payments to bank accounts and mobile wallets, balance inquiries, statements, liquidity managment between multiple accounts, exchange of currencies (e.g USD for local currency).
Corporate credit cards To support payment of travel and accomodation expences
Branch encashment services For adhoc payments to non account holders over the counter
ATM’s We currently have a foot print of over 9,033 ATMS and 1203 branches across our 20 african markets
We co-invest or partner with reputable organisations in the following areas:
Focus areas for partnerships
East Africa West Africa South and Central Africa
Uganda UGX Nigeria NGN Malawi MWK
Kenya KES Ghana GHS Zimbabwe ZWL
Tanzania TZS Ivory Coast XOF Mozambique MZN
South Sudan SSP Botswana BWP
DRC CDF Zambia ZMW
Angola AOA
Eswatini SZL
South Africa ZAR
Namibia NAD
Lesotho LSL
Mauritius MUR
Our TeamPaul ShangChief Executive OfficerStandard New York Inc.
[email protected] New York, USA
Maureen Harrington Client coverage head, Financial Institutions group Standard New York Inc.
+1 (917) 399 [email protected]
New York, USA
Africa
Helmut EngelbrechtHead, Client Coverage Africa Regions
South Africa
U.S.A Coverage
Stella AbolaStandard Bank Inc., New YorkInternational Development Groups
+256 772 404 554 [email protected]
Uganda
Coverage
Catherine PoranHead Client CoverageStanbic Bank Uganda
+256 772 883 841 [email protected]
Uganda
Providing multi- currency treasury solutions
Standard Bank Information on Country Initiatives to support social and economic development:
Africa has the world’s youngest population. The region’s prosperity depends on all her people having access to quality education, skills training and lifelong learning opportunities. But sub-Saharan Africa has the highest rates of education exclusion globally. About 77% of children are enrolled in primary school on average. However, about a third of children between the ages of 12 and 14 are not in school, and over half of sub-Saharan Africa’s children aged 15 to 17 are not in school.
Standard Bank invests in improved educational outcomes and skills development in multiple ways
- We prioritize education in our corporate social investment (CSI) programmes. In 2019 we invested approximately USD 5.5 million in Africa
- In 2019, we provided bursaries and scholarships to the value of USD 5.1 million to students across Africa
- We encourage continuous learning and development to ensure our people are equipped to meet the demands of a rapidly changing, increasingly digital world of work.
- We invest in work readiness programmes, through our internal learnership and graduate programmes. In 2019, we enrolled 709 unemployed young people in learnership programmes
EDUCATION:(SDGs no 4, 5, and 10)
Corporate social investmentStandard Bank’s CSI initiatives prioritise education across our countries of operation. In 2019, we invested over USD 5.5 million in CSI funding in educational programmes across our countries of operation. Examples of what we achieved across our subsidiaries are described in this report.
Investing in literacy, financial literacy, life skills and entrepreneurship
Uganda
Standard Bank’s CSI initiatives prioritise education across our countries of operation. In 2019, we invested over R91 million in CSI funding in educational programmes across our countries of operation. Examples of what we achieved in Uganda, South Africa and Angola are described in this report.
Literacy: Stanbic Uganda has partnered with USAID and non-profit organisation RTI International to improve literacy in primary schools, focusing on children aged 6 to 10. The project has provided over 30 000 reading cards to 60 schools across the country. The cards are prominently displayed in classrooms and are being successfully used to improve basic reading and comprehension. Students read story cards in vernacular and English. They can also take the cards home and read them with their parents and/or guardians. Parents of participating children, some of whom are themselves unable to read, report seeing a visible improvement in their children’s vocabulary and confidence. They also report being more committed to keeping their children in school owing to these improvements.
Uganda’s official primary school completion rate is just 51%, while the lower secondary completion rate is 25.6%. Only about 5% of the population enrols in tertiary education (World Bank, 2017). Stanbic Uganda believes that a better tomorrow begins with supporting education. We focus on four critical areas to support improved education and skills development: literacy, financial literacy, life skills and entrepreneurship.
Financial literacy, life skills and entrepreneurship: Stanbic Uganda’s National School Championship aims to empower the job creators of tomorrow. First launched in 2016, it runs countrywide and aims to equip students with business and enterprise skills, to nurture entrepreneurship, creativity and long-term business thinking. The project is run in partnership with Café Javas, The Food Hub, NBS, the International University of East Africa, and Uganda Christian University.
In 2019:
• 72 schools and 21 600 students participated in an initial classroom test
• 432 business plans were received from students countrywide
• 288 participants participated in a boot camp, over five days, with eight trainers, covering personal, business and life skills
• Four finalist schools were selected to present their business plans to a panel of judges
• Ten student business project exhibitions were showcased to an audience of 500
• The winning school won a fully installed solar system worth UGX20 million (R79 000), UGX1.5 million (R6 000) cash, a fully paid four day educational trip to South Africa for the three contestants and their teacher, and an iPad each. The first runner up school won a fully installed water system worth UGX10 million, while the winning students won lap top computers.
Entrepreneurship: According to UN Statistics, almost 80% of Uganda’s population is below the age of 30. While the economy has shown impressive growth in recent years, it faces challenges in tackling its youth unemployment rate, which is among the highest in sub-Saharan Africa. Stanbic Uganda partners with the Young and Emerging Leaders Project (YELP), an initiative of the LéO Africa Institute.
The project, which operates across East Africa, inducts up to 30 outstanding young people per year into a fellowship programme designed to support self-advancement, integrity, social responsibility and socioeconomic transformation. Fellows are selected based on their efforts to empower and transform their communities, addressing issues of poverty, climate change and unemployment and supporting social justice. They engage in critical reflection sessions, conversations with leaders from various sectors, peer-to-peer sharing and learning. In 2019, 30 fellows received business leadership training.
South Africa
Standard Bank South Africa’s CSI efforts have, for the past five years, focused on improving access to quality, affordable education for all and enhancing educational outcomes. In 2019, following an in-depth review of our impact and effectiveness over the five-year period, we developed a refreshed CSI strategy, which focuses specifically on early childhood development and foundation phase education. This is based on extensive empirical research which demonstrates that developmental stimulation during the early years of childhood, well before a child enters the formal schooling system, are critical to future intellectual, emotional and physical wellbeing. We have seen the positive impacts of such interventions first-hand, through Standard Bank sponsored ECD and Foundation Phase programmes.
Early childhood development and foundation phase schooling
In Angola, our Blue Heroes programme brings together volunteers from different walks of life, to help communities meet their basic health and education needs and thereby improve their quality of life.
The impact of the Blue Heroes project has seen Standard Bank recognised with a chair on the board of RARSE, Angola’s corporate social responsibility association. In 2019 we implemented a range of education initiatives, including provision of basic literacy training to sellers in informal markets, and at health and education fairs. We also fully renovated three schools, including installation of an IT lab, and donated classroom materials for another three schools. These initiatives benefitted approximately
1 880 people. We sponsored the School Aces soccer tournament which took place in 12 schools of Luanda province over four months. 1 500 girls and boys took part in the tournament. Events included cheerleaders, theatre and dance groups, and opportunities for young entrepreneurs to sell food, arts and craft works. The initiative aims to keep young people off the streets and promote sports in the society.
Blue Heroes Programmes
Angola
Standard Bank adopted health as an additional SEE impact area in 2019, in line with SDG 3, to ensure healthy lives and promote wellbeing for all at all ages. Attainment of several other SDGs, including ending poverty and reducing inequalities, depends on improving the health of Africa’s people. SDG’s 3 and 5.
We provide affordable health and life insurance solutions, to ensure customers can provide for themselves and/or their loved ones in the case of unforeseen events.
We have a long-standing partnership with General Electric Healthcare to improve access to quality and affordable healthcare. In 2019, we provided loan finance to the installation of a CT scan machine in a
remote village in Kenya
2019 Health Activity Highlights:
• Assistance in the provision of medical equipment and boreholes for major hospitals and clinics in Zimbabwe
• Sponsorship for free medical consultations in some of Angola’s poorest and most difficult to access areas, reaching almost 27 000 people
• Sponsorship of the MTN Kampala Marathon, which directs all funds raised toward improving maternal health in Uganda
• Provision of insecticide-treated nets to 3 000 vulnerable children, pregnant women and families to protect against malaria and financing of medical treatment (an investment of R224 000)
• Funds toward the expansion of healthcare facilities in Ghana
• Nigeria’s Together4ALimb initiative, which supports indigent children who have lost limbs to access quality education and live a full life
• Provision of basic health services in under-served communities in Lesotho, where R60 000 of funding benefitted over 1 000 people
• Humanitarian relief for those impacted by Tropical Cyclone Idai in Mozambique, Zimbabwe, and Malawi.
HEALTH
In Ghana, Stanbic donated GHS10 000 (R25 000) to Amiah Hospital toward the construction of a three-storey hospital building, which is expected to serve about 5 000 people. We also funded construction of a first aid training room and resource centre worth GHS20 000 (R50 700) for Ghana Red Cross Headquarters.
In Kenya, Stanbic Bank and General Electric Healthcare are working together to improve access to quality and affordable healthcare. In 2019, we provided loan finance to Metrocare Imaging Limited, a company comprising two young doctors working to provide affordable medical care to patients in remote areas. The loan enabled Metrocare to install a CT scan machine in a remote village in Nyeri county. The machine enables early detection of a wide range of diseases. Within the first month after installation, the doctors were seeing an average of six patients per day. We are also engaging with a number of other organisations regarding financing for MRI upgrades and/or replacement equipment.
In Zimbabwe, our Usizo-Ruyamuro initiative aims to help major hospitals and clinics access medical equipment and boreholes. We’re working in collaboration with local and international partners, providing money from our CSI budget and mobilising crowd-funding. In 2019 we raised R1.8 million to finance the refurbishing and furnishing of a halfway house for cancer patients and an awaiting mothers’ home in rural Mutoko. About 40 cancer patients at a time can be housed at the halfway house as they undergo chemotherapy and radiotherapy at the two main hospitals in Harare. 18 mothers-to-be can be housed at the home in Mutoko – enabling them to undertake the long walk from their homes to the hospital two weeks before their due date.
Fighting Malaria in Nigeria
The World Health Organisation aims to reduce malaria cases and deaths by at least 40% by 2020, by 75% by 2025 and by 90% by 2030. But this requires a large increase in funding for malaria control.
In Nigeria, malaria accounts for over 15% of infant mortality (children below 12 months), 30% of childhood mortality (children under five years) and 11% of maternal mortality. Stanbic IBTC’s partnership with Slum2School Africa raises awareness about malaria prevention and aims to reduce the mortality rate across communities. We provide direct access to high quality, long-lasting insecticide for vulnerable children, pregnant women and families across three states. We also sponsor vaccinations for children and medical treatment for adults and children. Our employees are actively involved in these initiatives. In 2019 we provided insecticide-treated nets to 3 000 vulnerable children, pregnant women and families across three states, and financed medical treatment for adults and children, representing a total investment of USD15 500 (R224 000).Stanbic IBTC Nigeria, under the Together4ALimb initiative, supports indigent children who have lost limbs to access quality
Nigeria
education and live a full life. We sponsor their protheses and medical assessments until they are 18 and finance their schooling from our education trust fund. We hold annual events aimed at raising awareness of the needs of persons with disabilities and challenging stigma. In 2019, ten children joined the programme, bringing to 30 the total number of children that have benefitted since inception in 2015.
Standard Bank Mozambique donated non-perishable food, clothing, school supplies, mosquito nets, sheets, blankets, hygiene and cleaning products to Visão Mundial Mozambique. We also donated MZN1 million (R230 000) to the victims
of cyclone Idai, in partnership with the local government and with the support of Standard Bank Mauritius. Bank executives did a follow-up visit to Beira in November. About 245 000 hectares of productive farmland was negatively impacted by the cyclone, affecting food security for 116 000 families. The bank is partnering with local authorities to plant 3 000 trees in Maputo and Beira. We are also working with government to issue identity documents and birth certificates to families in rural locations. With money donated by clients and employees, we are rehabilitating an HIV/AIDS orphanage, which is home to 115 children.
Zimbabwe
Stanbic Bank Zimbabwe, in partnership with Plan International Zimbabwe constructed the Nyamuzuwe Waiting Mothers’ Home in Mutoko in March 2020. The purpose of the home is to contribute to a reduction of infant and maternal mortality rates which were on the rise in Nyamuzuwe because pregnant women were
opting for homebirths as they could not manage to walk the long distance to the hospital while in labour. At full capacity, the Home which is located at Nyamuzuwe Rural Hospital, will accommodate 15 expecting mothers who are close to their delivery dates,
Early childhood development and foundation phase schooling
Standard Bank Plc - UN Women Partnership- Empowering Malawian Women through Climate Smart Agriculture
Malawi
Standard Bank Malawi launched the K340million partnership with UN Women on 22nd October 2019 in Nsaru, Lilongwe. The theme of the launch was “Contributing to the Economic Empowerment of Women in Malawi through Climate Smart Agriculture”.
This project is targeting 10,000 women farmers engaged in groundnut farming
Context/areas of focus
Type of Agricultural production targeted:
Groundnuts
Number of co-operatives enrolled: 48 Farmer Cooperatives (which are at different levels – some are registered cooperatives/some are associations/some are just groups)
Key partners engaged: UN Women, Ministry of Agriculture/Trade/Gender, Africa Institute for Corporate Citizenship (AICC), Market Link Support (MaLS)
Overall Number of women engaged /targeted: 10,000
Districts targeted: Lilongwe, Mchinji and Mzimba
Number of families positively impacted (Multiplier effect): 40,000 indirect beneficiaries
Type of agricultural skills transferred to the women involved in the project: Use of climate information such as rain predictions, selection of seeds which are drought tolerant and high yielding, use of inoculants to reduce threat of toxins, groundnut crop care, and technology for post-harvest handling of groundnuts for optimal storage
Following the launch in October 2019, sensitization meetings, seed selection, seed procurement, planting and trainings on how to care for groundnut crops were successfully completed. The project is currently in the harvesting phase. Information sharing and trainings on how to maintain quality groundnuts, minimize loss during harvesting and optimize storage are in progress but have been interrupted by Covid-19. The implementing partners are looking into alternate ways of information sharing such as community radios and mobile phones. Following the harvesting phase which is expected to last until July, the next step is value addition in which the groundnuts will be processed to produce oil, flour and peanut butter, after which the cooperatives will undergo market linking opportunities. Preparations for the next season will be underway simultaneously.
A partnership between UNICEF and Standard Bank, Malawi
Mentorship Programme to support girls in school
Introduction
In 2016, UNICEF and Standard Bank signed a partnership agreement to support the United Nations Joint Programme on Girls’ Education (UNJPGE). The in-kind support from Standard Bank was through a mentorship programme where female staff of the bank provided mentorship to adolescent girls in the districts of the UNJPGE.
The UNJPGE is implemented in the three districts of Dedza, Salima and Mangochi. The mentorship programme was launched and implemented in Dedza which has 3 clusters in the program with 14 schools. Approximately 100 girls participated in the sessions. A mentorship toolkit was developed by UNICEF and Standard Bank and the all staff of the bank who signed up to be mentors were oriented on various topics as well as the do’ and don’ts in mentorship. The Malawi Girl Guides Association, who provide mentorship sessions as part of the work plan of the UNJPGE, also worked with UNICEF and facilitated training sessions for mentors.
The girls were also brought to Standard Bank Head office in Lilongwe, the capital city, and interacted with bank staff and customers on the International Day of the Girl child.
Outcome of the programme
Standard Bank mentors acted as role models and inspired the girls. The sharing of their experiences also encouraged them. Most of the girls reported that they are now committed to school and will stop having relationships with men.
The notable difference is that among the mentored girls their school attendance has approved, and they are more focused and working hard. There’s reduced absenteeism.
The challenge that was reported by the girls is that there are very few that are targeted. They would wish that all girls could participate in the mentorship programme.
The visit to Standard Bank Head office exposed the girls to many things that reinforced that they can achieve anything they wish.
Importance of mentorship
All girls that were mentored indicated that the mentorship programme is very important and has helped them in their education. Most reported that – prior to mentorship - they were playful in class and did not actively participate but after the mentorship sessions they have improved in their academic achievement. The girls also feel that they are now able to better deal with the everyday stresses of life
The mentorship has been put on hold in 2020 due to covid-19. Discussions are underway to enhance it by incorporating training on entrepreneurial skills
In April 2015 Standard Bank and the Global Fund signed a Memorandum of Understanding to expand the global partnership, create shared value and reach a new level of strategic impact. Sponsored at executive level on both sides, the partnership rolled out financial advisory services in selected countries across Standard Bank’s 20-country footprint on the continent, including Malawi.
The Global Fund (TGF) receives applications from a range of worthy projects in Africa and they believe many grantees may benefit from greater help with financial and administrative matters to assist them with funds receipt and ongoing financial management.
Standard Bank’s role as partner is to provide financial and project management expertise, also practical support services for grant-receiving projects to ensure that funds reach the grantees in a timely manner, as well as assisting with ongoing administration and reporting requirements.
The free training and advice (capacity building) to the grantees of the Global Fund is aimed at up-skilling their personnel.
Since inception, several trainings have been held across the country for the principle recipients (Action Aid, World Vision and Ministry of Health) as well as sub sub recipients (Christian Aid, Plan Malawi, Story Workshop, Project Hope, Southern Africa Aids Trust, DREAM, Episcopal Conference of Malawi and Family Planning Association of Malawi) in the following areas:
• Financial Management
• Budget & Forecast
• Procurement Regulations and Procedures
• Financial Reporting: Interpretation & Variance Analysis
• Risk management
• Tax Compliance
• Cash & Treasury Management
• Microsoft Office
Benefits of the programme to Standard Bank PlcMarket Access and growth
• Connections with TGF’s network for relationship development, (local and international NGOs, government agencies, civil society, affected communities and other private sector partners)
• Creating healthier population, stimulating economic development and market demand
Client Growth and Loyalty
• Higher penetration of banking products within specific client groups (HNWI, NGOs)
• Product adaptation to TGF’s network-specific needs e.g. field allowance payments
• More intimate and closer engagement
Brand enhancement and CSI impact
• Recognition for Standard Bank’s contribution to African development and the fight against the three epidemics
Global Fund partnership (2015 to date)
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Meet our team
Catherine PoranHead Client Coverage, Corporate and Investment Banking
Stanbic Uganda Limited
T: +256 (0)312 224 354 M: +256 (0)772 883 841 +256 (0)701 655 930
Stella AbolaClient Coverage Africa,
International Development Groups
Standard Bank, New York
T: +256 (0) 312 224 452 M: +256 (0)772 404 554
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Maureen HarringtonHead, Client Coverage for Financial Institutions, Standard New York, USA
520 Madison Avenue, 28th Floor
New York, NY 10022
T: 917 399 6750
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Potso MoloiRelationship Manager-Public Sector & Development Organisations
Stanbic Bank Botswana
T:+267 3618085
M: +267 72816922/ 71748736
Deborah AllialiHead of Financial Institutions and International Development Group
Stanbic Bank, Abidjan, Ivory Coast
T: +225 21 22 34 22
M: +225 06 66 27 64
Matsepo MohapiTransactional Banker, Stanbic Bank Lesotho
M: +266 5888 7372
Kwaku Obeng-AppiahManager Client Coverage, CIB
Stanbic Bank Eswatini
M: +268-2404-6930
Yewande AdedayoHead, Financial Institutions
Stanbic IBTC Bank Plc
IBTC Place, Walter Carrington Crescent, Victoria Island, Lagos, Nigeria
T: +234 (0) 802 310 3463
Busayo AdefokunRelationship Manager, Financial Institutions
Stanbic IBTC Bank Plc
IBTC Place, Walter Carrington Crescent, Victoria Island, Lagos, Nigeria
T: +234 (0) 802 841 9842
Shola AleregeManager, Northern Region
Stanbic IBTC Bank Plc
Pated Marble Plaza,Plot 1049 Nkwere Street Off Ahmadu Bello Way, Garki Area 11, Abuja, Nigeria
T: +234 8061571822
Olulayomi IwayemiClient Analyst, Northern Region
Stanbic IBTC Bank Plc
Pated Marble Plaza,Plot 1049 Nkwere Street Off Ahmadu Bello Way, Garki Area 11, Abuja, Nigeria
T: +234 811 015 9977
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Lorna Mwangi
Head, International Development Groups and Public Sector
1st floor, Stanbic Bank Juba Branch, West Yat Building, Airport Road, Juba, South Sudan
T: +211 910 210 325 M:+211 926 431 220
Sandra de Zumbire
Relationship Manager Public Sector and International Organisations, Standard Bank Mozambique
T:+258843801 844
Claudia de Fatima Fernandes
Relationship Manager International Development Group Maputo – Mozambique
M:+258826419277
Kevin Kilach
Manager, Client Coverage, International Development GroupCorporate and Investment BankingStanbic Bank Kenya Limited
T: +254 (0) 20 363 8269
M: +254 (0) 715 233 827
Christina Fumulani
Manager, Client Coverage, International Development GroupStandard Bank plc, Africa Unity Avenue, Lilongwe Malawi
P.O Box 30380, Lilongwe, Malawi.
T: +265 9999 01 5100 ext. 5174
M: +265993386839
Francis Omuse
Manager Client Coverage, International Development Groups
Stanbic Bank Uganda Limited
T: +256 (0)312 224 452
M: +256 (0)778 308 393/(0)702 981 733
Alinafe Mphonde
Standard Bank Malawi Client Analyst, Client CoverageT: +265 991242861
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Janette Morgado Manager Client Coverage, International Development Group, Sovereign Sector
Standard Bank Angola, Corporate and Investment Banking
T:+244940164068
Sylvia LumbweStanbic Bank Zambia LimitedClient Coverage Manager, International Development Group & Sovereign entitiesT: +260-211-370309
Maliwa MunyimaClient Analyst, International Organisations and SovereignStanbic Bank Zambia
Magali MukendiClient Coverage Manager Standard Bank Democratic Republic of Congo
T: +243 970 160 883
Benjamin Nkini
Client Coverage ManagerStanbic Bank Tanzania
Mobile: +255 718 683 788
T:+255 682 058 391
Juliana Kheri
Client Analyst, StanbicStanbic Bank TanzaniaT:+255 682 058 391
M: +255 747 536 783
Lorraine Mac-Pods
Head, Financial Institutions and International OrganisationsStanbic Bank Ghana Limited
T:+233244333146
Janet Amponsah-Yeboah
Client Analyst, International OrganisationsStanbic Bank Ghana Limited
T: +233241480466
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Patrick NyazikaRelationship Manager – Public Sector & International Development Organisations
Stanbic Bank Zimbabwe
T: +263 242 303 090/1
M: +263 772 876 014
Dylord MutamukoRelationship Manager, International Organisations
Department Stanbic Bank Zimbabwe
T: +263 (242) 303 090
M: +263 719 332 988
Kukhanya DlaminiClient Analyst
CIB Eswatini
T: +268-2405-3248
Oshoveli MunashimueClient Coverage Manager- Public Sector and TMTs
3rd Floor, Standard Bank Campus, Kleine Kuppe, Windhoek, Namibia
E: [email protected] |
T: +264 61 294 2367
M: +264 81 156 0775
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www.standardbank.com