Growing regulatory and data demands spur improved performance.
Financial institutions are fast-tracking the rollout of digital treasury tools as African markets grapple with growing regulatory hurdles and a need for instantaneous data. The winners of our Best Treasury & Cash Management Providers awards for Africa are at the forefront of this transition, showcasing advancements in liquidity planning, cross-border transactions, and cash management that are strengthening corporate treasuries throughout the region.
Best Bank for Transaction Banking
Best Bank for Financial Institutions
Best Corporate Cross-Border Payments Solution
STANDARD BANK
“Our objective is simple: The bank should enable treasury decisions, not delay them,” states Melanie Kingwill, head of Client Solutions at Standard Bank. Addressing increasing multi-country and regulatory complexity, the bank empowers treasurers through self-service tools. Kingwill explains that by shifting administration to clients, “we improve agility, strengthen governance, and reduce operational risk. More importantly, we free treasury professionals to focus on what matters most: liquidity, risk management, and supporting the strategic growth of their organizations.”
Thabo Makoko, Standard Bank’s head of Transaction Banking, emphasizes that digital investment paired with regional expertise creates a future-ready bank. He adds that the bank’s local insight helps clients navigate currency regimes and regulatory requirements across Africa.
Best Bank for Cash Management
Best Bank for Payments
ECOBANK
Ecobank saw significant 2025 growth. Omni Plus transaction values were up 24% and RapidCollect reached $10 billion, driven by investments in digital platforms and enterprise resource planning (ERP) integration that minimize manual friction. “Corporates operating in Africa are rethinking how they execute treasury across the continent. Historically, managing payments, collections, and cash positions across multiple African markets required significant manual effort, fragmented banking relationships, and disconnected operating processes. That model is now being displaced rapidly as clients consolidate their day-to-day treasury activity onto integrated digital platforms that deliver greater speed, visibility, and control,” explains Isaac Kamuta, Ecobank’s group head of Payments, Cash Management, and Client Access.
Best Bank for Long-Term Liquidity Management
RAND MERCHANT BANK (RMB)
RMB helps treasurers manage complex environments by balancing short-term liquidity with long-term growth through global liquidity-management tools like cash pooling, virtual accounts, and interoperable digital platforms for ERP integration. By providing digital cash-management tools like Balance View for consolidated visibility across jurisdictions, RMB enables precise management that allows treasurers to reduce interest costs and optimize yields throughout the cash flow cycle.
Best Bank for Collections
CIB
CIB dominates Egypt’s receivables segment with a 99.85% 0market share, processing over 650 million transactions from the fourth quarter of 2024 to the fourth quarter of 2025. The bank pioneered Egypt’s online ACH Direct Debit service, achieving top transaction volume, and CIB provides real-time cash concentration through more than 1,000 deposit-enabled ATMs, offering hourly reconciliation data for sector-specific forecasting. By leveraging partnerships like Fawry’s network for kiosk payments, and by deploying bespoke solutions like the Post-Dated Cheque module and petroleum-specific cash-collection tools, CIB maintains a robust, technology-driven omnichannel strategy.
Best Provider of Short-Term
Investments/Money Market Funds
BELTONE ASSET MANAGEMENT
With average weekly trading volumes of EGP 8 billion-EGP 10 billion (about $160 million to $200 million) and assets under management reaching EGP 55 billion, Beltone Asset Management is built for the new African economy. By focusing on small and midsize enterprises for financing and microfinance through its diversified ecosystem, Beltone serves as a prime representative of the current investment evolution.