NAIROBI, Kenya, June 13 –Standard Chartered Bank has reaffirmed its commitment to empowering Kenya’s and Africa’s affluent class with strategies for building resilient wealth and unlocking global investment opportunities.
Speaking at the 2025 Nairobi Private Wealth Conference, Standard Chartered Kenya CEO Kariuki Ngari highlighted the bank’s tailored support for entrepreneurs, sophisticated investors, and the emerging affluent with end-to-end wealth management services.
“Our affluent clients across Africa are redefining the concept of wealth,” said Ngari. “The focus is shifting from mere accumulation to creating lasting legacies, fostering purpose-driven investment, and ensuring intergenerational impact.”
The bank’s global campaign, “Now’s Your Time for Wealth,” underlines this transition, urging Africa’s wealth creators to act with intention—planning, investing, and building with purpose.
According to Standard Chartered, Africa’s wealth landscape is rapidly evolving, driven by a rising middle class, entrepreneurial growth, and broader access to international markets. The continent now hosts more than 135,000 millionaires and commands USD 2.5 trillion (KSh325 trillion) in total investable wealth.
Kenya is at the heart of this transformation, with affluent individuals increasingly seeking to diversify their investments and preserve wealth for future generations. Stanchart is leveraging its global footprint and digital capabilities to offer seamless cross-border banking and curated investment solutions.
“Today’s affluent Africans—especially younger investors—are prioritizing sustainability, social impact, and legacy planning,” the bank said in a statement.
From renewable energy to ethical supply chains and inclusive infrastructure, investors are aligning their portfolios with long-term values. Many are also turning to family offices and wealth transfer strategies to ensure continuity.
The 2025 Nairobi Private Wealth Conference convened top investors, founders, and business leaders to explore key themes shaping Africa’s wealth future—including intergenerational wealth transfer, impact investing, and global diversification.
