{"id":23139,"date":"2023-10-29T16:55:56","date_gmt":"2023-10-29T16:55:56","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity"},"modified":"2023-10-29T18:35:10","modified_gmt":"2023-10-29T18:35:10","slug":"afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity","title":{"rendered":"AFIS 2023 to map US$1.5tn path to Africa\u2019s growth and prosperity"},"content":{"rendered":"

Africa-Press – Eritrea. <\/strong><\/span>Scheduled for 15th & 16th November in Lom\u00e9, Togo, the Africa Financial Industry Summit will unite over 1,000 global financial experts, policymakers and industry leaders, according to the IFC (World Bank Group).<\/p>\n

The upcoming Africa Financial Industry Summit-AFIS is scheduled for the 15th and 16th November in Lom\u00e9, Togo. As the continent faces a global credit crisis, high interest rates and a slowdown in international financing, the summit provides a critical platform to reshape Africa\u2019s financial future and build a robust, resilient and self-reliant financial industry.<\/p>\n

With the departure of major international players from local African operations, continental champions have an historic opportunity to extend their regional influence and consolidate links to global markets. Over the next decade, these champions have the potential to drive the real economy that Africa has been yearning for \u2013 unearthing activities worth more than US$1.5trillion based on banking, insurance and capital market penetration to GDP ratios observed globally.<\/p>\n

To unlock this opportunity, AFIS 2023 will focus on four major areas: enticing African institutional investments into local capital markets, ensuring the free movement of capital and regulatory harmony, fostering talent vital for digital transformation and unlocking innovation in areas like climate finance and tokenisation.<\/p>\n

Panel and strategic roundtable discussions will dissect an array of significant topics, providing insights and strategies for navigating challenges. The 30+ sessions programme will cover major industry trends, common markets and regulations, commercial banking outlook, capital markets & corporate financing, sustainability, and expanding insurance as well as digital financial services and fintech. These discussions aim to craft a blueprint for enhancing the resilience and efficiency of Africa\u2019s burgeoning financial sector.<\/p>\n

The summit will provide a platform to lay the groundwork for reinforced economic and financial structures essential for sustainable growth and development. Key figures expected from the financial sector include: S\u00e9rgio Pimenta (IFC Vice President for Africa); Mamo Esmelealem Mihretu (Governor, National Bank of Ethiopia); Manuel Ant\u00f3nio Tiago Dias (Governor, National Bank of Angola); Sani Yaya (Ministre de l\u2019\u00c9conomie et des Finances du Togo); Jean-Claude Kassi Brou (Governor of BCEAO); Serge Eku\u00e9 (BOAD); Ugas Sheikh-Mohamed (Capital Markets Authority-Kenya); Delphine Traor\u00e9 (SanlamAllianz); Patty Karuaihe-Martin (NamibRe); Jeremy Awori (Ecobank); Jules Ngankam (African Guarantee Fund); Oliver Alawuba (UBA); Felix Edoh Kossi Am\u00e9nounv\u00e9 (BRVM); Serigne Dioum (MTN); Idrissa Nassa (Coris Bank); and nearly 20 central bank Governors, Deputy-Governors and heads of regulatory authorities.<\/p>\n

AFIS is positioned as a significant change-agent, underlining Africa\u2019s substantial potential. By coordinating banking, insurance, fintech and capital market strategies with global standards, AFIS is set to be a fundamental gathering for industry stakeholders. It offers a collaborative platform for innovation and knowledge-sharing, aimed at contributing to a stable and prosperous African financial future.<\/p>\n

\u201cThe Africa Financial Industry Summit \u2013 AFIS \u2013 is a critical milestone in the quest to build a resilient and world-class African financial industry. It brings together the minds that can turn the tide, ensuring Africa\u2019s robust economic future,\u201d asserted Amir Ben Yahmed, Chairman of AFIS. His words resonate with the sense of urgency and commitment that the summit embodies in its mission to forge a robust and self-sustained African financial sector.<\/p>\n

\u201cRamping up private capital mobilisation to support continental trade, energy transition, digital transformation and MSME financing is paramount in addressing crucial development challenges facing Africa. IFC is proud to co-host AFIS for the third year to discuss the key issues hampering Africa\u2019s financial sector and help unlock vital financing to spur green, sustainable and inclusive growth on the continent,\u201d said S\u00e9rgio Pimenta, IFC Vice-President for Africa.<\/p>\n

Newsroom<\/b><\/p>\n

For More News And Analysis About Eritrea<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eritrea. Scheduled for 15th & 16th November in Lom\u00e9, Togo, the Africa Financial Industry Summit will unite over 1,000 global financial experts, policymakers and industry leaders, according to the IFC (World Bank Group). The upcoming Africa Financial Industry Summit-AFIS is scheduled for the 15th and 16th November in Lom\u00e9, Togo. As the continent […]<\/p>\n","protected":false},"author":84,"featured_media":23138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[242,243,233],"class_list":["post-23139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","tag-africa-press","tag-africa-press-eritrea","tag-eritrea"],"yoast_head":"\nAFIS 2023 to map US$1.5tn path to Africa\u2019s growth and prosperity - Eritrea<\/title>\n<meta name=\"description\" content=\"Scheduled for 15th & 16th November in Lome\u0301, Togo, the Africa Financial Industry Summit will unite over 1,000 global ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AFIS 2023 to map US$1.5tn path to Africa\u2019s growth and prosperity\" \/>\n<meta property=\"og:description\" content=\"Scheduled for 15th & 16th November in Lome\u0301, Togo, the Africa Financial Industry Summit will unite over 1,000 global ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-29T16:55:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-29T18:35:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/10\/sm_1698589864.339247.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"AFIS 2023 to map US$1.5tn path to Africa\u2019s growth and prosperity\",\"datePublished\":\"2023-10-29T16:55:56+00:00\",\"dateModified\":\"2023-10-29T18:35:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity\"},\"wordCount\":609,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/10\/sm_1698589864.339247.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\"],\"articleSection\":[\"all news\",\"files\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/afis-2023-to-map-us1-5tn-path-to-africas-growth-and-prosperity\",\"name\":\"AFIS 2023 to map US$1.5tn path to Africa\u2019s growth and prosperity - 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