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Corporate Commissioned Research
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Corporate and Investment Bank
Standard Bank Group

Corporate Commissioned Research

Our respected equity team covers a wide range of stocks listed on the most significant African exchanges in South Africa, Nigeria and Kenya.

Latest Research
InfraCredit 18 December 2025
The missing middle: Solving Africa's infrastructure financing gap #themes: Credit to Infrastructure, West African expansion, Infrastructure Gap …
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African Bank 27 November 2025
A mountain to climb #themes: Challenger bank, turnaround story Event: African Bank reported …
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Famous Brands 27 October 2025
Pricing strategy in focus amid cost inflation #themes: beef prices, employee costs, AME Famous brands 1H26 …
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ADvTECH 28 August 2025
Strategic investment unlikely to dampen returns #themes: expansion, mix change, returns ADH delivered a positive …
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AECI 19 August 2025
FY25 interim results solid but third-party issues continue to hamper returns #themes: Cost optimisation and strategic realignment of operations Event: …
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Jumia Technologies 28 November 2025
Forecasts upgrade on stronger expected GMV and profitability #themes: 4Q25 guidance downgrade, forecasts upgrade, GMV and profitability …
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Gemfields 05 November 2025
Trimming expectations H1:25: Gemfields reported a USD1.5cps interim loss caused by …
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Sun International 10 September 2025
SunBet to offset potential margin drag from casinos #themes: online betting, casinos, debt reduction SUI delivered mixed …
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African Bank 25 August 2025
Deposits: A key deliverable #themes: Challenger bank, growth, diversification Event: We have done …
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Afreximbank 15 August 2025
1H25 earnings flat on lower net interest margin #themes: net interest margin, credit growth Event: Afreximbank reported …
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Muyiwa Oni

Banking Sector Analyst

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Tracy Kivunyu

Banks Analyst

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Charles Russell

Head of Financial Research

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Nic Dinham

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