CI Capital has been actively engaged in advising some of the most prominent businesses in Egypt and the Middle East, reflecting an expanding footprint in both local and international markets.

During Euromoney’s review period, EFG Hermes was a force to be reckoned with across the Gulf Cooperation Council region, running numerous high-profile transactions.

During Euromoney’s review period, National Investments Company (NIC) stood out for its work in M&A and equity capital markets, winning Kuwait’s best securities house award.

Rand Merchant Bank (RMB) excelled in financial advisory, capital markets and strategic investments in the past year, making it a clear winner of this award.

KFH Capital is Kuwait’s best securities house for fixed income, thanks to its involvement on swathes of prominent sukuk transactions in the past year.

SICO has solidified its reputation as a market leader in Bahrain, notching milestones on several fronts.

Kuwait Financial Centre (Markaz) wins Kuwait’s most innovative securities house award for being a pioneering force in the country’s capital markets.

SNB Capital offers a solid proposition across asset classes and products among investment banks in Saudi Arabia, making it the natural choice for this Euromoney award.

Emirates NBD Capital (EmCap) was one of the most active DCM banks in the MENA region during Euromoney’s awards period.

CardinalStone Securities (CSSL) has consistently topped the Nigerian Exchange’s ranking of stockbrokers.

Standard Bank CIB played a pivotal role in several high-impact sustainable transactions across Africa in 2023, highlighting its commitment to innovation in green finance, infrastructure development and economic growth.

Al Ahly Pharos is a leading provider of investment research in the Egyptian financial landscape, thanks to its extensive market coverage, in-depth sector analysis, prolific research output, rapid analytical capabilities and active investor engagement.

QNB Financial Services (QNBFS) impressed on multiple fronts over the past year, making it Euromoney’s best securities house for Qatar in 2024.

BK Capital’s involvement in some of the most critical deals during the review period cemented its leadership in the industry and makes it Euromoney’s best securities house in Rwanda for 2024.

SBM Capital Markets (SBM) takes the top award for Mauritius for its strong growth and its ability to innovate, which cemented its position in an increasingly competitive brokerage landscape in the country.

FAB takes the Euromoney award for best securities house in the UAE for its prowess across asset classes, and its commitment to environmental, social and governance deals.

Chapel Hill Denham is named Nigeria’s best securities house this year, thanks to its stellar performance across securities trading and investment banking.

Standard Bank successfully implemented innovative digital products across all banking segments in 2023 while also making important philanthropic contributions in Malawi.

Stanbic Bank Uganda (SBU) turned in a strong performance over the review period. Net profit was USh421 billion ($110 million), up 18% from USh357 billion in 2022. Net loans increased to USh4 trillion, while deposits ended the year at USh6 trillion, both up 3% on 2022.

Ecobank Gabon delivered strong growth over the awards period while also expanding its product suite.

Ecobank Sierra Leone recorded double-digit growth in its commercial banking operations last year, with gross loans to business customers up by 45% to $11.8 million. Customer deposits were up by 3%, reaching $25.7 million.

Nedbank wins the best digital bank in Africa award for the second year in a row, courtesy of its push to reform and re-engineer its IT system, with the aim of cutting costs, attracting new business and favouring an approach that focuses on evolution rather than revolution.

Awash Bank greatly expanded its digital solutions last year, achieving high levels of engagement across mobile and internet banking.

Getting M&A right in Africa is not easy – big-ticket transactions are rare, and deal flow tends to come in fits and starts – but Standard Bank has got it down to a fine art.

Ecobank Guinea rolled out its Xpress Loan service in Guinea last year, which enables customers to obtain short-term micro credit loans using their mobile phones. The service was launched in partnership with Dubai fintech Optasia and pan-African telecommunications giant MTN.

Morocco-based Bank of Africa boasts a long and storied history as a leading lender to regional small and medium-sized enterprises. Last year, it secured a €50 million credit line from the European Bank for Reconstruction and Development to increase financing for SMEs across the continent.

Access Bank Gambia impressed this year with its strong financial results, effective support for small and medium-sized enterprises and important philanthropic work.

CAC International demonstrated a robust financial performance last year, with assets growing by 8% to $536 million and profit before tax reaching $2.374 million, a 38% increase year on year.

Mauritius Commercial Bank (MCB) had another good year in 2023 and is again the best bank in the country for the review period.

For a global lender, Citi’s investment-banking presence in Africa is hard to compete with. The US firm has an onshore presence in 16 countries and covers 38 markets, with a dedicated team in Johannesburg supported by corporate bankers across the region.