StanChart Sees Bigger Revenue Contributions From Africa

Standard Chartered Plc expects Africa to account for a bigger slice of revenue if the region is able to put in place policies that will further spur economic growth, Chairman Jose Vinals said. “If they do the right thing, they’ll grow faster than other countries which are more advanced,” he said in an interview in Lagos, Nigeria’s commercial capital, on Tuesday night. “This will help Africa contribute more to the group, but for that to happen, the future needs to become the present.