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COVER STORY Banking in East Africa African Banker 2nd QUARTER 2011

Banking in East Africa

New powerhouse takes shape

3

05 Editorial

Banking expansion heralds economic growth 06African Banker’s

World Round-up of the last quarter in Africa’s banking industry 18New Appointments

Who has moved where 24 Cover Story

Banking in East Africa A new powerhouse in the making Small firms, big impact KCB – the big picture

32 focus

Sovereign Wealth Funds What are they and what are they good for? 40Profile

Sanusi – the man behind the myth 44Market Eye

Africa’s bourses shaken and stirred 48capital markets

Rwanda SE ushers in New Age economics