| BANRO CORPORATION |
| Suite 7070, 1 First Canadian Place |
| 100 King Street West |
| Toronto, Ontario, M5X 1E3, Canada |
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
NOTICE IS HEREBY GIVEN THATan annual meeting (the "Meeting") of shareholders of Banro Corporation (the "Corporation") will be held at the offices of Norton Rose Fulbright Canada LLP, Royal Bank Plaza, South Tower, Suite 3800, 200 Bay Street, Toronto, Ontario, Canada on Friday, the 30th day of June, 2017 at the hour of 11:00 a.m. (Toronto time), for the following purposes:
| (1) | To receive and consider the audited consolidated financial statements of the Corporation as at and for the financial year ended December 31, 2016, together with the auditors' report thereon; |
| (2) | To elect directors of the Corporation; |
| (3) | To appoint KPMG LLP, Chartered Professional Accountants and Licensed Public Accountants, as the auditors of the Corporation, to hold office until the close of the next annual meeting of shareholders of the Corporation at such remuneration as may be approved by the directors of the Corporation; and |
| (4) | To transact such other business as properly may be brought before the Meeting or any adjournment or adjournments thereof. |
The specific details of the matters to be put before the Meeting as identified above are set forth in the management information circular of the Corporation (the "Circular") accompanying and forming part of this Notice. This Notice and the accompanying Circular have been sent to each director of the Corporation, each shareholder of the Corporation whose proxy has been solicited and the auditors of the Corporation.
Shareholders who are unable to attend the Meeting in person are requested to sign and return the enclosed form of proxy to the Corporation c/o TSX Trust Company, Suite 300, 200 University Avenue, Toronto, Ontario, M5H 4H1, Canada.
DATED at Toronto, Ontario, Canada the 5th day of June, 2017.
| BY ORDER OF THE BOARD |
| (signed)"Geoffrey G. Farr" |
| Geoffrey G. Farr |
| Vice President, General Counsel and |
| Corporate Secretary |
NOTE: | The directors have fixed the hour of 4:00 p.m. (Toronto time) on the 28th day of June, 2017 before which time the instrument of proxy to be used at the Meeting must be deposited with the Corporation c/o TSX Trust Company, Suite 300, 200 University Avenue, Toronto, Ontario, M5H 4H1, Canada, provided that a proxy may be delivered to the Chairman of the Meeting on the day of the Meeting or any adjournment thereof prior to the time for voting. |
