Wake up Africa, big global money’s waiting to be spent
Citi boss says capital wants good risk-adjusted returns, making Africa’s infrastructure a huge opportunity
With a career spanning three decades primarily spent in investment banking (mergers and acquisitions), which has included stints at Credit Suisse, HSBC, and Goldman Sachs, David Livingstone has seen more than his fair share of volatile financial markets.
As CEO of global bank Citi’s Europe, Middle East and Africa (EMEA) operations, he oversees a vast region in which the group has a direct presence in 55 countries with a further 50 in which it operates cross-border.
Livingstone discusses the opportunities presented by some of the fundamental changes coming to markets within his portfolio...