Nominees announced for African Banker Awards 2016

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The shortlisted entries across all categories for the 10th edition of the African Banker Awards have been released with winner names set to be revealed at a gala dinner during the annual meeting held in Lusaka, Zambia on 25th May 2016.

Now in their 10th year, the awards are open to all African financial institutions, including banks, micro-financiers, investment banks, development finance institutions and other financial services institutions although this year’s shortlist is dominated mainly by some of the larger banking groups from North, East, South and West Africa.

As Omar Ben Yedder, Publisher of African Banker explains, the awards were launched to reflect the rapid growth and modernisation of the banking and financial services sector in Africa and the 10th anniversary event comes as the banking sector is undergoing significant changes with large global banking groups, such as Barclays seeking to deconsolidate as they focus on their core non-African markets. On the other hand talk of further consolidation across the continent from Kenya, to Ghana through Zambia and Tunisia aims to unify and strengthen the continent.

“We introduced these awards as a way of recognising the enormous potential of the African banking and financial services sector,” says Yedder. “Since then, many of our financial institutions have transformed and are well established to compete with the best in class and during this time corporate and retail banks, along with private equity and investment firms and insurance providers have withstood the effects of the global financial crisis, emerging stronger and more fit for purpose. The category, which continues to grab my attention, is the Deals category, which reflects the transformational role that banks are playing throughout the continent. They remain a cornerstone of economic development” he concludes.

Morocco’s Groupe Banque Populaire, which took a significant share in West African group Banque Atlantique, won the coveted African Bank of the Year Award last year and this years winners will be selected by an independent panel of judges chosen for their expertise of the banking and financial landscape throughout the continent.

2016 Banker Awards Shortlist:

Banker of the Year
Segun Agbaje – GTB Nigeria
Hisham Ezz el Arab – CIB Egypt
Joshua Nyamweya Olgara – KCB Kenya
Dr Charles Kimei – CRDB Bank Tanzania
Paulo Alexandre Duarte de Sousa – BCI Bank Mozambique

Bank of the Year
Attijariwafa, Morocco
Banque Centrale Populaire, Morocco
Guaranty Trust Bank, Nigeria
Standard Bank Group
Mauritius Commercial Bank, Mauritius

Best Retail Bank
BCI, Mozambique
CRDB Bank, Tanzania
Ecobank
Guaranty Trust Bank, Nigeria
KCB, Kenya

Investment Bank of the Year
Citigroup
Fieldstone
Lazard
Rand Merchant Bank
Vetiva

Award for Financial Inclusion
Attijariwafa Bank, Morocco
Banque Nationale pour le Developpement Economique, Senegal
Ecobank
Mastercard – National Bank of Egypt
Safaricom and KCB, Kenya

CSR 
Bank M, Tanzania
BMCE, Morocco
Commercial International Bank, Egypt
Ecobank
Standard Chartered, Zambia

Innovation
Bidvest and Mastercard, South Africa
Equity Bank, Kenya
Guaranty Trust Bank, Nigeria
Mauritius Commercial Bank, Mauritius
Ovamba Cameroon Solutions, Cameroon

Deal of the Year – Equity
EDITA Food Industries IPO (EFG)
Mediclinic’s $2.1bn reverse takeover of Al Noor Hospitals (RMB)
Oando $290m rights issue (Vetiva)
Naspers $2.5bn Accelerated Equity Offering (Citi)
Saham’s acquisition of majority stake in Continental Re. (Stanbic IBTC)

Deal of the Year – Debt
Accugas (FBN Capital)
Cameroon’s currency swap (Lazard)
Cote d’Ivoire Sukuk (ICD)
Richard Bay Minerals Syndicated Term (Rand Merchant Bank)
Transcorp Domestic Bond (United Capital and Stanbic IBTC)

Infrastructure Deal of the Year 
Azura – Edo IPP (Fieldstone; Rand Merchant Bank; Standard Bank; IFC)
Itezhi-Tezhi Hydro Power Station (Fieldstone)
Maamba Collieries (Barclays)
Minister of Finance Angola Roads Financing (Rand Merchant Bank)
Zina Solar One Power Solar Project (Rand Merchant Bank)