Best African focused London IB teams
Curious, does anyone know of any London banks with a dedicated IB African sector team?
Trending Content - Investment Banking Forum
| +270 | Earliest you can get fired | 58 | 18h |
| +251 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 47 | 22h |
| +238 | Investment Banking is Divine | 40 | 15h |
| +223 | Career Crossroads | 31 | 1d |
| +213 | US 2027 SA IB worried about background check | 53 | 11h |
| +207 | Another $115bn Mega deal for these banks. Congrats! | 45 | 16h |
| +206 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 41 | 1d |
| +126 | Is UBS really that bad? | 38 | 14h |
| +39 | Is Houston SA 28 recruiting already over? | 34 | 7m |
| +26 | 2026-27 IB Energy Top Banks | 8 | 18h |
Career Resources
Not sure the macro conditions in the Sahara desert are conducive to deal making
I have seen Africa grouped in with the middle east and/or parts of europe, i've not seen it as a standalone team
There's definitely African-focused PE shops in London. As for IB, i haven't heard of a full pure-play African M&A team, i imagine it gets grouped under EMEA - perhaps offices in Paris/Dubai would have more focus on Africa as a region due to cultural ties/geographic location. Bar that, metals & mining, energy or oil probably will have some decent Africa exposure.
BoA
BofA has a team dedicated exclusively to sub-saharan africa. It is small, as you would expect, but very active in countries such as Nigeria and South Africa
IMO the problem with Africa is that (generally) corruption, ties to China via the Belt & Road Initiative, overwhelming poverty (due to foreign powers extracting natural resources), and a lack of crucial infrastructure / sustainable currency makes it really difficult for any deal making or investing to occur. Generalization of course but I have yet to see a dedicated banking or investing team focused on the region
Another thing to mention is that it is an absolute shit show in Africa when it comes to currency. Many countries have dozens of different currencies used based on location and from my experience working with Africa based companies this is a major issue they struggle with and lots of them end up losing money just on exchange rates because the currencies are so volatile on a daily basis.
Bump. African finance is undervalued
Citi has one but it sits in Dubai not London.
Not sure if they have a London office/if there’s any activity in Africa but I am familiar with Blaylock Van in nyc. Pretty solid group
Aut nulla quo eos autem delectus facere facere. Est dignissimos aut omnis magni dolore veritatis est eum. Illo et quia aut ut ab sit.
Quae reprehenderit quasi quia aut temporibus et a. Exercitationem eum debitis enim et. Facilis ipsam molestiae provident vitae rerum iste. Voluptatibus eos enim et ut. Natus maiores incidunt dolore praesentium nisi assumenda asperiores quam. Repudiandae aut et impedit saepe omnis possimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...