Africa's best bank for financing 2019: Citi
Awards for Excellence 2019
Citi’s reach and knowledge of African markets combined with its international banking expertise and balance sheet make it Africa’s best bank for financing for the second year in a row.
In debt capital markets, Citi was the bookrunner on 10 deals, accounting for 11% of market share worth $3.8 billion.
Citi’s team has completed a wide range of landmark deals over the last 12 months under the leadership of Miguel Azevedo, head of investment banking in the Middle East and Africa, including in equity capital markets. In May 2018, Citi was chosen as joint global coordinator for Vivo Energy’s dual listing on the London and Johannesburg stock exchanges.
In February this year, the bank was joint financial adviser for the spin-off of MultiChoice by Naspers, creating a FTSE/JSE top-40 listed company with a $3.4 billion market capitalization and $4.8 billion enterprise value.