Societe Generale’s strategy in Africa focuses on innovation. Building on the knowledge that Africa is inventing the bank of the future, Societe Generale aims to be a key player in this revolution, through partnerships, innovation Labs and innovative services.
New services in Africa
Innovating on the African continent
Africa is reinventing the consumption trends and patterns of the bank of the future. Going beyond what “traditional” banks can offer, high bank account and mobile penetration rates boost the development of new services and digital solutions such as electronic currencies and e-wallets. Digital technology offers Africa the opportunity to speed up its growth and enables Societe Generale to improve the experience of our corporate clients and private customers.
Infrastructures in Africa
The key issue to ensure the growth of the African continent
Energy, Transport, Telecoms networks, or Health, infrastructure financing is a key issue to ensure the growth of the African continent, which for more than a decade has had growth rates above 5%. Structured finance for this development is a major challenge for all stakeholders and one of the pillars of GROW WITH AFRICA strategy.
Embracing the African continent
Taking part in innovative projects
Open innovation, greater interaction and new partnerships are all opportunities for redesigning financial and banking services and supporting entrepreneurship in Africa. By opening Labs, launching hackathons and forming innovative partnerships, we can increase our awareness of the world and embrace the African ecosystem.
The faces of Africa of tomorrow
Open innovation is at the heart of our transformation strategy. Thus, the Group develops collaborations, partnerships to bring out ideas and new projects to serve our clients and the African continent. From hackatons organized with our partners Jokkalabs, and Bluenove, find shared experiences of startups who will shape the face of Africa of tomorrow.