Supporting Africa … Supporting its talents…
Africa sparks the curiosity, desire and passion of those who come in contact with it. After more than 100 years operating on the continent, Societe Generale is still discovering its many riches and supporting its development. No development or progress is possible, however, without the people who bring it about through their commitment and determination to move forward.
Master Partner of Rencontres Africa 2017
For the second consecutive year Societe Generale, a major player in the development of the African economy, is supporting Rencontres Africa (Meeting Africa) as a Major Partner. Running from 2 to 6 October, the event brings together over 1,000 African senior managers from 30 countries and over 300 French companies in three cities Abidjan, Nairobi and Tunis.
Alexandre Maymat, Head of the Africa region at Societe Generale group, will take part in two conferences: in Abidjan on 2 October, “Intergration and emergence: the place of the private sector and of the Africa-France partnership”, and in Tunis on 5 October “Tunisian-French cooperation in action for the development of Africa”.
INNOVATION / DIGITAL
Bridge Africa 2017: Accelerating innovative projects
Initiated by Jokkolabs, with the support of Societe Generale and in partnership with GreenTec Capital Partners, the Bridge Africa programme has enabled startups in the fields of FinTech, AssurTech and Energy to extend their business to the coveted African market. 10 shortlisted solutions were pitched to a panel of experts with the two winning startups being hosted in The Dunes, Societe Generale's technology hub in the east of Paris, for two months, as well as benefiting from support by Jokkolabs and their partners.
Pan African Hackathon around the informal economy
In December in Abidjan, the Societe Generale's Innovation Lab in Africa launched its second hackathon. This time, the objective was to identify the needs of actors in the grey sector and to find customized and innovative solutions to their problems.
TagPay in Africa
The Societe Generale Group acquired a €1 million stake in the capital of French fintech company TagPay, a specialist in digital mobile banking. TagPay is currently being rolled out to several of the Group's subsidiaries in Africa: implementation of a mobile recovery solution for Manko in Senegal, testing of a merchant payment solution at Shell service stations in the Ivory Coast, a mobile banking project involving several Sub-Saharan African countries. It comprises a core banking system built around mobile solutions and adapted for both standard mobile handsets and smartphones. Tagpay offers numerous competitive advantages thanks to its rapid roll-out capacity and extensive catalogue of functions and financial services. It enables access to populations that are not yet availing of banking services and at the same time to the advantages of the growing digital banking market.
Solutions to meet our customers’ requirements
Societe Generale employs specialists tasked with making all the experience and services of an international group available to its customers. The Group brings its expertise and its understanding of the local industrial fabric and business environment, the regulatory and fiscal framework and the procedures and formalities that need to be completed.
M. LUO QIANG,
ZTE VICE PRESIDENT
"Societe Generale has a very extensive network in French-speaking Africa and has demonstrated great expertise and good know-how in the setting up of our Regional Cash Management project."
M. MOHAMED HORANI,
CHAIRMAN AND HPS FOUNDER
"Societe Generale believed in our project and did not require any other guarantee. Societe Generale has continued to support us and has adapted its offer to our needs by keeping an eye on our development."