Nominees for the 2020 African Banker Awards have been announced. The Awards are designed to recognize the reforms, rapid modernisation, consolidation, integration and expansion of Africa’s banking and financial system.

The winners will be announced on 26 August 2020 in Abidjan, Côte d’Ivoire at the Annual Meetings of the African Development Bank (AfDB) which will be held virtually.

In East Africa, some of the financial institutions nominated include Equity Bank Group, National Bank of Commerce (NBC) Limited Tanzania, Kenya Women Microfinance Bank, East African Development Bank, Absa Uganda.

The complete list of shortlisted nominees for 2020 are:

African Banker of the Year: Ade Ayeyemi (Ecobank), Tarek Fayed (Banque du Caire, Egypt), Joao Figueiredo (MozaBanco, Mozambique), James Mwangi (Equity Bank, Kenya), Herbert Wigwe (Access Bank, Nigeria)

African Bank of the Year: Access Bank, Attijariwafa Bank, Ecobank, Guaranty Trust Bank, Trade and Development Bank.

Investment Bank of the Year: Bank of America, Citi, EFG, Rand Merchant Bank
Award for Financial Inclusion: Carbon, Nigeria, Equity Bank, Kenya, Financial Regulatory Authority of Egypt, Jumo, South Africa, Kenya Women Microfinance Bank

Innovation in Banking: Absa, South Africa, Citi, Ecobank, Standard Bank, South Africa
Trade and Development Bank.

Socially Responsible Bank of the Year: Attijariwafa Bank, Morocco, Banque Misr, Egypt
East African Development Bank, Equity Bank, Kenya, Standard Bank, South Africa

Deal of the Year: Equity, Access Acquisition of Diamond Bank, Chapel Hill Denham / Citi
Airtel Dual Listing – Citi
Clover Buy-out and De-listing – RMB
Helios Towers IPO – Standard Bank / RenCap / EFG Hermes / BOA and Jeffries
MTN Nigeria IPO – Chapel Hill Denham

Deal of the Year – Debt:
Access Bank Green Bond – Chapel Hill Denham
AFC Kimchi Syndication – Nedbank
Bank of Industry €1bn syndicated senior loan facility – BOI / Afreximbank
Cable Wireless Seychelles LBO – TDB
HIS$1.3bn dual currency facility – RMB / Citi
Project Isanti (Nampak funding facility) – Standard Bank

Infrastructure Deal of the Year:
Acorn Green Bond – GuarantCo and Standard Bank
Gel Utility Nigeria – Infracredit
Nouakchott Port Financing – Hogan Lovells
Port of Maputo – Standard Bank
Standard Gauge Railway, Tanzania – CRDB

Energy Deal of the Year:
Eranove Kekeli Power – Oragroup
Genser Energy Ghana – Standard Bank
Renewable Energy Bond – Nedbank
Rufiji Dam Tanzania – CRDB / Afreximbank
Sahara Power Assets – FBN

Agriculture Deal of the Year:
Agri Exim – Absa Uganda, French Beans Project – Equity Bank, Kenya Women Microfinance Bank and USAID Kenya Investment Mechanism, Olam Rice Farm – Access Bank, Phoenix Trade Finance Facility – Afreximbank

SME Bank of the year: Bank of Industry, Nigeria, Bank Misr, Egypt, Ecobank
NBC, Tanzania, Sterling Bank, Nigeria.

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

Leave A Reply

Exit mobile version