Oshoala clinched the award in 2016, and also got nominated for the third time after she inspired her Chinese side Dalian Quanjian to a double with netting 19 goals.
Chawinga emerged the Swedish Women Premier League topscorer scoring 25 goals.
The winners will be decided by votes from the Head Coaches/Technical Directors of the National Associations affiliated to CAF, members of the CAF Technical and Development Committee and a panel of Media Experts.
The Awards Gala will be held on Thursday, 4 January 2018 in Accra, Ghana.
NOMINEES IN FULL
African Women's Player of the Year
1. Tabitha Chawinga (Malawi & Kvarnsveden)
2. Asisat Oshoala (Nigeria & Dalian Quanjian)
3. Chrestina Kgatlana (South Africa & UWC Ladies)
4. Gabrielle Aboudi Onguene(Cameroon & CSKA Moscow)
5. Rutendo Makore (Zimbabwe & Black Rhinos)
Women’s National Team of the Year