VSA Capital has inked a strategic partnership deal with Faida Investment Bank expanding the London-based firm’s African footprint.
In a joint statement, VSA Capital Chief Executive Andrew Monk said the partnership will enable increase appeal to multinational clients looking for opportunities in Africa.
Mr Monk says Faida Bank is in a leading position in East Africa in the provision of security trading services thus will strengthen VSA Capital’s presence across Africa. VSA Capital operates offices in London, Shanghai, and in partnership with Moshe Capital in Johannesburg.
According to Monk, the partnership will create a formidable London-China-Africa axis that will see clients access a broad range of advisory skills and deep knowledge of corporates and investors.
“Combined with VSA’s office in Shanghai, it will create a formidable London-China-Africa axis that will be appealing to multinational clients operating in these regions,” says Monk.
On her part, Rina Hicks, Faida Bank Chief Operating Officer said that the partnership is timely as it will give East African companies access to capital and innovative funding solutions.
“The joint venture will see VSA Capital clients looking for investments in Kenya and East Africa ride on Faida Investment expertise. In turn, Kenya and East Africa investors seeking to invest overseas will enjoy support from VSA Capital,” said Hicks.
Faida bank provides brokerage services, private equity placement, markets, and institutional research, investment advisory, and portfolio creation and management.
