Generation Z is reshaping banking, much like millennials did a generation before them. Banks need to think in ways they have never done before if they want to capture customers and stop non-traditional financial companies from taking market share.

Angola’s finance minister, Vera Daves de Sousa, is making a journey familiar to many other major oil exporters by diversifying her economy away from hydrocarbons, but with the added challenge of Covid-19. She sets out her goals and challenges to EMEA Finance.

Coverage of this year’s winners

With remote working now the norm, deal-making has had to step away from face-to-face meetings and investor roadshows. What are the challenges and opportunities of virtual deal-making?

A consortium of banks in Europe have agreed to launch the European Payments Initiative, which aims to create a unified payment system across the continent. The scheme received support from major regulatory bodies, but has been met with mixed reactions about whether it will make much difference to the region’s payments capabilities.

North of US$350mn, the insect farming startup is Europe’s largest ever agtech firm fund raising, as the firm looks to produce animal protein more sustainably and with uses across the food supply chain.

Etihad Airways has printed the first ever transition Sukuk, with the national airline of the United Arab Emirates raising US$600mn as more issuers are expected to print similar deals. 

Nigerian National Petroleum Corporation has shored up its finances with a US$1.5bn debt package, but mass domestic protests and an oil price that is well below the country’s breakeven level mean that the country’s oil sector faces a difficult period ahead.