- Founded in 2021 by Jeune Afrique Media Group and the AFRICA CEO FORUM, the AFRICA FINANCIAL INDUSTRY SUMMIT-AFIS will be held at Lome, TogoNovember 28-29, 2022 for its first in-person gathering.
- The AFRICA FINANCIAL INDUSTRY SUMMIT-AFIS will bring together more than 600 participants, including the most prominent leaders in banking, insurance, fintech and capital markets, as well as key decision makers.
- The AFRICA FINANCIAL INDUSTRY SUMMIT-AFIS supports the African financial sector to improve financial inclusion and grow as a truly pan-African financial services industry.
- The next AFRICA FINANCIAL INDUSTRY SUMMIT-AFIS is organized in partnership with the International Finance Corporation (IFC), the private sector organization of the World Bank Group, the Republic of Togo, Ecobank and Deloitte.
Abidjan, June 14, 2022 – The 2022 edition of the AFRICA FINANCIAL INDUSTRY SUMMIT-AFIS, an event that aims to foster a pan-African financial services sector, will be held on November 28-29, 2022 in Lomé, Togo. As new technologies revolutionize financial services, the event will discuss how Africa’s financial sector can transform in the age of disruption and take advantage of the African Continental Free Trade Area (AfCFTA).
Under the theme, Green, Borderless and Digital – Transforming Finance in the Age of Disruptionthe AFRICA FINANCIAL INDUSTRY SUMMIT-AFIS, sister event of the AFRICA CEO FORUM, will bring together the leaders of the financial sector and the regulatory authorities of the continent.
Africa’s development depends on building an efficient, inclusive and sustainable financial sector, but the sector is also exposed to global shocks. Inflationary pressures, monetary instability and investor risk aversion threaten the sector’s ability to adapt to the technological changes that are revolutionizing banking and financial markets.
Through panel discussions, panel discussions and case studies, more than 600 financial industry leaders, including bank CEOs, fintech operators, mobile money operators, institutional investors, market operators capital and development finance institutions, as well as regulators and ministers of finance, will address the challenges and opportunities facing the African financial sector.
In consultation with a 45-member advisory board of influential industry leaders, the AFIS platform has identified three key avenues for the future of African finance: green financial solutions to adapt to and mitigate the effects of climate change, create a borderless financial ecosystem and provide cost-effective digital transformation that brings financial services to the unbanked and underserved.
THE AFRICAN FINANCIAL INDUSTRY SUMMIT-AFIS will inspire frank and open dialogue between regulators and industry, a prerequisite for Africa to build an inclusive continental financial industry that serves the real economy and creates jobs.
“The African financial industry is one of the most dynamic in the world, with exceptional room for growth, in a context of very strong demographic trends. The recent adoption of the AfCFTA represents a unique opportunity to rethink the African financial industry on a continental scale. , particularly within the framework of a redefined global financial architecture”, declared Amir BEN YAHMED, President of the AFRICA CEO FORUM.
“IFC is committed to extending formal financial services to the millions of unbanked and underbanked people in Africa. At a time when African fintechs are experiencing rapid development, dialogue between financial actors and between the private sector and public authorities is essential to achieve financial inclusion and thus secure the financing necessary to stimulate economic activity”, said Sérgio Pimenta, IFC vice president for Africa.
— END —
About the AFRICAN FINANCIAL INDUSTRY SUMMIT-AFIS
Founded by Jeune Afrique Media Group in 2021, with the support of IFC (World Bank Group), AFIS is a sister organization of the AFRICA CEO FORUM, the leading platform for the African private sector. AFIS’ objective is to build a robust financial industry serving the real economy and sustainable development. Bringing together the most influential figures and institutions in African finance, as well as regulators, AFIS works to improve financial inclusion and the emergence of a truly pan-African financial services industry.
About the AFRICA CEO FORUM
Founded in 2012 by Jeune Afrique Media Group, the AFRICA CEO FORUM is the benchmark platform for the African private sector. Its annual summit brings together decision-makers from Africa’s largest companies, international investors, multinational executives, heads of state, ministers and representatives of the main financial institutions active on the continent. It also offers a Women Working For Change (WFC) platform, dedicated to women leaders, and a Disrupters Club, for the CEOs of the most innovative and promising start-ups in Africa.
IFC, a member of the World Bank Group, is the world’s largest development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise and influence to create markets and opportunities in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private businesses and financial institutions in developing countries, leveraging the power of the private sector to end poverty. extreme poverty and boost shared prosperity as economies grapple with the effects of the COVID-19 pandemic. For more information, visit www.ifc.org. IFC is a partner of the AFRICA CEO FORUM and co-organizer of the AFRICA FINANCIAL INDUSTRY SUMMIT.