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CRBD Bank nominated for African Banker Awards 2023

by Editor
27/04/2023
in Others
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CRBD Bank nominated for African Banker Awards 2023
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African Banker magazine has shortlisted CRBD Bank as one of nominees for this year’s edition of its African Banker Awards.

The 2023 edition of the prestigious African Banker Awards ceremony is set to spotlight SMEs, women and gender. A new category has been introduced to recognise efforts towards bolstering financial inclusion of women across the continent.

CRDB Bank has been nominated in two categories that include ‘Bank of the Year’ and ‘SME Bank of the Year’ respectively.

Since their inception in 2007, the African Banker Awards have aimed to recognise the exceptional individuals and organisations driving Africa’s rapidly transforming financial services sector.

The winners of the African Banker Awards will be announced during the official gala ceremony taking place on 24 May, in Sharm El Sheikh, Egypt, forming part of the official programme of the African Development Bank Annual Meetings.

The 2023 edition of the African Banker Awards is being organised by African Banker and IC Events.

CRDB Bank Plc Managing Director Abdulmajid Nsekela. PHOTO | COURTESY.

The ceremony will be sponsored at platinum level by the African Guarantee Fund (AGF) and at associate level by the Trade and Development Bank (TDB) and Tunisia’s Caisse des Dépôts et Consignations, which is managing an important project to support start-ups and SMEs.

This year’s Awards gala is poised to accentuate the theme of gender equity in the industry, as demonstrated by the substantial proportion of female candidates vying for the coveted title of Banker of the Year.

The African Banker Awards nominees were selected from a record number of entries, representing the entirety of the African continent, over a total of 10 categories, and shortlisted by the Awards committee.

The nominees for the African Banker Awards 2023 are:

Banker of the Year: 

Mr Admassu Tadesse – Trade and Development Bank

Prof Benedict Oramah – Afreximbank

Ms Esther Kariuki – Co-operative Bank of Kenya 

Mr Moezz Mir – SBM Bank, Kenya

Ms Mukwandi Chibesakunda – Zanaco, Zambia

Mr Othman Benjelloun – Bank of Africa

Ms Yemi Edun – First City Monument Bank

Bank of the Year:

Afreximbank

Bank of Africa

Co-operative Bank of Kenya

CRDB Bank – Tanzania

The Mauritius Commercial Bank

Trade and Development Bank

Trust Merchant Bank, Democratic Republic of the Congo 

Sustainable Bank of the Year: 

Absa, South Africa

Commercial International Bank, Egypt

Nedbank, South Africa

Rand Merchant Bank, South Africa

Trade and Development Bank

DFI of the Year: 

Afreximbank

Africa Finance Corporation

Arab Bank for Economic Development in Africa: BADEA

Lesotho National Development Corporation    

Trade and Development Bank

Fintech of the Year: 

Ensibuuko Technologies, Uganda

Flutterwave, Nigeria

JUMO World, South Africa

Lulalend, South Africa

MFS Africa, South Africa

SME Bank of the Year: 

Absa, South Africa

Caisse de dépôts et de consignations, Tunisia

CRDB Bank, Tanzania

Ecobank, Senegal

KCB Bank, Kenya

Deal of the Year – Debt: 

€174m ($190m) investment in the 44MW Singrobo-Ahouaty Project – Africa Finance Corporation

R1.143bn ($66.13m) gender-linked bond (“GLB”) issuance across 3-year and 5-year tranches for Barloworld Limited – Rand Merchant Bank

$564m equivalent private placement green bond issuance for GrowthPoint – Absa   

Harmony Gold Company syndicated multi-tranche, multi-currency, loan facility of $400m and R4bn – Absa & Nedbank

Dual currency $292.4m, and E£1.9bn Syndicated Long Term Facility ($400m) to the Egyptian Chemical Industries Company (KIMA) – National Bank of Egypt 

Deal of the Year – Equity:

Advisory on the $2.5bn initial public offering (IPO) of ADNOC Gas – EFG Hermes

$47m investment in Africa Go Green – International Finance Corporation (IFC)

$298m Infinity Energy equity investment and Lekela Power acquisition – Africa Finance Corporation

R892m ($55m) acquisition of Windlab Africa’s wind and solar assets I partnership with Seriti Resources – Rand Merchant Bank

R8.9bn ($550m) evergreen B-BBEE transaction for Shoprite – Rand Merchant Bank

Agriculture deal of the Year: 

Launch of a first-of-its-kind AgriHarvest Platform – Rand Merchant Bank

$100m working capital trade finance facility to Export Trading Group (ETG) – Trade and Development Bank

E£8bn ($266m) Syndicated Long-Term Loan Facility for Evergrow – Banque Misr

Syndicated Long Term Facility $161m General Authority for Rehabilitation Projects & Agricultural Development (GARPAD) – National Bank of Egypt

$78m funding facility for the Southern Oil Structured Commodity Finance Transaction – Absa

Infrastructure deal of the Year: 

$650m equivalent syndicated loan facility to EDF Renewable – Absa

$21.7m Corporate Sukuk issuance for Family Homes Fund – Greenwich Merchant Bank

$1bn 7-year Amortizing Term Loan in favour of a Special Purpose Vehicle (“SPV”) for NNPC Limited Project Yield – Afreximbank

$900m debt funding facility for Scatec Solar PV plus Battery Storage Project – Standard Bank

$310m debt package for the Sports and Roads Infrastructure Kigali – Trade and Development Bank

Tags: #LatestBusinessNews#LatestTanzaniaBusinessNews#LatestTBWNews#TanzaniaBusinessNews
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