frican Banker 2ND QUARTER 2013
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All pictures AFP unless indicated. Registered with the British Library. ISSN 1757-1413 ©2013 IC Publications Ltd N° DE COMMISSION PARITAIRE 0115 T 90333 Dépôt légal Mai 2013
COVER STORY embrace practicality – AfDB’s Donald kaberuka
04 Editorial
Journey across Africa’s financial landscape 06 African Banker’s World
Round-up of the last quarter in Africa’s banking industry 12 New Appointments
Who has moved where 16 Cover Story
Star interview: Donald Kaberuka 22 Sovereign Wealth Funds
All you need to know 26 FEATURE
Sanusi at large 30 UBA
Back in the black 32 CAPITAL MARKETS
Growing appetite for African multi-class assets 36 INTERVIEW
Dr Eleni Gabre-Madhin
42 BANKING
Germany’s adc puts down roots in Africa 46 AFRican Banker awards
Who will the winners be? 48 NIGERIA
Industry bank’s silent revolution on SMEs 52 KENYA
Profits galore for Kenya Banks 54 Johannesburg
Stock Exchange African hub and cross listing is the way forward 58 ALGERIA
Will new listing stimulate Algerian bourse? 60 INSURANCE
The African paradox 64 Pension funds
Ready for lift-off 68 GUEST COLUMN
aul Derreumaux: Africa’s breathless restructuring 70 TunisIA
Free-for-all loans threaten Tunisian banking industry 72 Private Equity nterview: Luc Rigouzzo 74 Monetary Union
Will the eco ever see the light of day? 76 GADGETS & GIZMOS
Toys for the boys and girls 80 African Financial Outlok omprehensive overview of Africa’s financial landscape
