Southbridge group becomes “Principles of Responsible Investments” signatory
July 14, 2020
Kigali, Rwanda, 14 July 2020: SouthBridge Group (“SouthBridge” or “the Group”), a leading pan-African financial services firm offering solutions to the public and private clients across Africa, today announces it has become a signatory of the UN-sponsored Principles of Responsible Investments (PRI).
In becoming a signatory, SouthBridge commits to delivering services that incorporate environmental, social and governance (ESG) principles that ensure sustainability for our clients.
PRI is an initiative that was championed by the former Secretary General of the United Nations, Kofi Annan in 2005 and was launched on the New York Stock Exchange in 2006. Since then, it has grown to become an international network of investors who share a common goal of building a global financial system that is committed to sustainability. To date, the PRI has over 3,000 signatories across the globe and represents more than US$ 89 trillion in assets.
Andrew Alli, Group Chief Executive Officer of SouthBridge commented on the announcement: “as a Group committed to bridging local knowledge with global excellence, we are delighted to become a signatory of the PRI”.
Lionel Zinsou, Managing Partner commented: “Though founded only 3 years ago, SouthBridge operates in 15 African countries and has advised in transactions with a total value of circa EUR 2 billion. We look forward to working closely with PRI towards ensuring that sustainability runs through the grain of our investment approach.”
Nicole Martens, Head: Africa & Middle East, also commented on the announcement: “The PRI welcomes SouthBridge Holdings as a signatory and congratulates the organisation on taking this critical step in its responsible investment journey. We have every confidence that the organisation will continue to show a high level of dedication and commitment to the process of continuous growth and learning what is core to effective responsible investment and that it will strive to provide leadership in this regard across its various markets of operations.”
SouthBridge is a pan-African financial services firm focused on investment banking, sovereign advisory, as well as on serving African and global corporates. SouthBridge’s greatest asset is the extensive knowledge of Africa and broad expertise to build bridges between global excellence and local knowledge. SouthBridge pride themselves on delivering its world class services to the following three key audiences:
- African Champions: large scale African companies that have grown successfully and developed an international footprint, mainly in Africa, including corporates operating across borders and their related large transactions.
- Sovereigns: governments and/or their respective agencies that are seeking financing from the international capital markets through privatisations, assisting them in managing their resources, restructuring their debts and raising funds for specific projects.
- Global Multinationals: international companies which are seeking to expand into the dynamic African economy, or other non-African companies already doing business in Africa or interested in doing business in Africa.
For more information on SouthBridge, please see here: https://www.southbgroup.com/services/
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