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🌍 Sérgio Pimenta of IFC on the Africa Financial Summit - AFIS 🌍 As we approach the Africa Financial Summit - AFIS, Sergio Pimenta, Vice President at IFC Africa, shares his thoughts on this crucial event on CNBC Africa: "The African Financial Summit, taking place in early December in Casablanca, Morocco, brings together top leaders from across the continent’s financial sector—from banks and fintech to insurance, microfinance, and regulators. This gathering is crucial as it fosters collaboration and reflection on the future of Africa’s financial landscape." With African countries increasingly pooling resources, the summit will focus on the growing interconnectedness within the continent's financial markets. From Moroccan banks active in Southern Africa to Kenyan and South African banks expanding their reach, it's clear that financial institutions are now viewing Africa as one integrated market. 💡 The summit offers a unique opportunity to discuss how these connections can drive growth, support SMEs, and create jobs across the continent. Join us in Casablanca on 9-10 December 2024 to explore the transformative potential of Africa's financial sector. 🔗 Register here: https://lnkd.in/egzwgS-m AFIS 2024 is co-organised by Jeune Afrique Media Group, IFC Africa, a member of The World Bank Group, the Moroccan Ministry of Economy and Finance, and la Bourse de Casablanca #AFIS2024 #ANewEra

From climate resilience to financial inclusion, the AFRICA FINANCIAL SUMMIT - AFIS will bring together leaders and experts from across Africa to explore the critical role of financial services in driving social and economic progress. With panels on sustainable finance, insurance for the informal sector, gender finance, and more, the summit will provide a platform to discuss how financial solutions can address Africa's most pressing challenges—and seize its opportunities for development. As a co-host, IFC - International Finance Corporation is excited to provide a space for local banks, fintechs, capital market leaders and more to showcase their innovative approaches and contributions to these critical discussions. 🗓️ 9-10 December 📍 Casablanca, Morocco ➡️ http://wrld.bg/aFjN50UhU3o #IFCinAfrica #AFIS2024

Cross border trades play a critical role to achieve sustainable growth. It's critical to have strong partnerships between the multi-lateral banks, developmental financial institutions, commercial banks, and non-banking financial institutions. Very reassuring to read TDB Group President's remark. Africa's Trade Finance Gap, after shrinking for about 7 years to 2017, has begun expanding since then and the last formal estimate was at 90Billion USD 3 years ago. It's likely to have grown to about 120Billion in my personal estimate. There is a need for strong and formal partnerships between the MDB's. DFI's, CB's, and NBFI's. Technology should be effectively leveraged to make the partnerships and risk participation, smooth and transparent. "What we have observed is that our own community of African regional MDBs, DFIs, commercial banks and other financial institutions have significantly ramped up their collaboration in the recent years. Pulling our efforts together and synergizing at these unprecedented levels is enabling us to respond better by scaling-up impact – working effectively hand in hand with global and bilateral partners from the rest of the world. Strong partnerships are one of the most important success factors in our leveraged performance and impact.” says Admassu Tadesse, Trade and Development Bank Group - TDB Group Group President and Managing Director.

📅 [Save the date] AFRICA FINANCIAL SUMMIT - AFIS 2024 in Casablanca - MOROCCO 🇲🇦 Set against the vibrant backdrop of #Casablanca on 9 & 10 December 2024, the AFRICA FINANCIAL SUMMIT - AFIS will beckon the continent's finance professionals to two days of unparalleled networking, learning, and inspiration. As a hub for thought and action leadership, #AFIS2024 offers an intimate setting to mingle with peers, delve into engaging keynotes, panels, and roundtables, and explore emerging trends shaping our industry. More than 1,000 leaders from Africa's financial industry are gathering to address key challenges and shape the continent's financial future. This is your chance to connect, share insights, and be inspired by the collective wisdom of Africa's financial community. Space is limited, so secure your place at this essential gathering now to foster connections and drive innovation in African finance. Don’t let this opportunity pass you by. ⏳️Take avantage of the super early bird - ending July 10th⌛️, and grab your seat here : https://lnkd.in/eQTWCdwi For more information reach out to me : a.bio-tchane@jeuneafrique.com #AFIS2024 #newsalert #Finance #Financialindustry #Investment #economy #business #Africa #AFIS #DFI #Bank #Insurance #equity #fintech #FDI #Momo ##disruption #innovation #Insurtech #Telco #remittances #MNO #mobilemoney #moneytransfer #payment #Development #techinfinance #financialinclusion #Morocco #womeninfinance #Banking #Telecoms #Bankers #transactions #Deals #networking #advocacy #connectivity #Insurers #Capitalmarkets #financialservices #financingAfrica #disrupters #Finances #Leaders #Funds #privateequity #Afrique #Maroc #Leadership #Africanfinance #InvestinAfrica #theAfricawewant

From climate resilience to financial inclusion, the AFRICA FINANCIAL SUMMIT - AFIS will bring together leaders and experts from across Africa to explore the critical role of financial services in driving social and economic progress. With panels on sustainable finance, insurance for the informal sector, gender finance, and more, the summit will provide a platform to discuss how financial solutions can address Africa's most pressing challenges—and seize its opportunities for development. As a co-host, IFC - International Finance Corporation is excited to provide a space for local banks, fintechs, capital market leaders and more to showcase their innovative approaches and contributions to these critical discussions. 🗓️ 9-10 December 📍 Casablanca, Morocco ➡️http://wrld.bg/tWWJ50THBTk #IFCinAfrica #AFIS2024

🌟 AFIS: Driving Economic Transformation in Africa 🌟 Aliou Maiga, Regional Industry Director for Financial Institutions Group for Africa at IFC - International Finance Corporation, shares his insights on why the Africa Financial Summit - AFIS has become the flagship forum for the continent's financial sector. Discover now how AFIS brings together CEOs, policymakers, regulators, and experts from banking, microfinance, insurance, fintech, telecoms, and more, to tackle challenges and unlock opportunities for Africa's economic growth and prosperity. 🤝 #AFIS2024 #ANewEra IFC Africa IFC - International Finance Corporation

𝗕𝗿𝗼𝗮𝗱𝗲𝗻𝗶𝗻𝗴 𝗔𝗳𝗿𝗶𝗰𝗮'𝘀 𝗮𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗶𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 💬 Conversation With Edward Knight, Executive Vice Chairman, Nasdaq International markets will be critical to funding Africa’s most ambitious development projects following the withdrawal of many large international banks from the continent. Yet, the number of African banks licensed in Europe, or the United States is less than ten and there are very few African companies listed on global markets. In this high-level conversation, Edward Knight, Nasdaq’s Executive Vice Chairman discusses how Africa can build big corporates and financial institutions at home that encourage the public-private trust needed to attract their international counterparts. Moderated by: ✨ Nicholas Norbrook, Managing Editor, The Africa Report AFIS 2024 is co-organised by Jeune Afrique Media Group, IFC Africa, a member of The The World Bank Group, the Moroccan Ministry of Economy and Finance, and la Bourse de Casablanca. #afis2024 #anewera

It was a pleasure meeting global leaders here for the Qatar Economic Forum to discuss key investment trends in today's economy. Excited to see how the forum's topics around the digital economy, AI, digital transformation, and cloud computing shape our future and the global investment landscape. #QatarEconomicForum ‎#منتدى_قطر_الاقتصادي

Forvis Mazars is once again a partner of the AFRICA FINANCIAL SUMMIT - AFIS, organised in Casablanca this year. As the continent moves to embrace a transformative economic era — one that requires collaboration, strategic vision, and bold action to build a sustainable, dynamic and inclusive future — Forvis Mazars is committed to joining forces with key stakeholders to help shape a stronger and more resilient African economy. Abdou Souleye Diop, Managing Partner, said: “Africa is at a defining moment where a robust financial industry can play a transformative role in driving economic growth and improving living standards across the continent. Unlocking Africa’s economic potential is instrumental in fostering shared prosperity and attracting strategic investments. Our partnership with #AFIS clearly underscores our dedication to supporting the leaders driving this transformation and to building a more inclusive and sustainable future for Africa”. The Africa Financial Industry Summit is also a celebration of excellence, recognising the trailblazers shaping the future of Africa’s financial sector. We extend our warmest congratulations to the 2024 AFIS Awards winners: African Banker: Roosevelt Ogbonna Managing Director & CEO, Access Bank Plc Africa’s Best Broker: Attijari Intermédiation African Insurer: Boubker Jai, Managing Director & CEO, Wafa Assurance Fund of the year: BOAD Titrisation Disrupter of the year: Bamboo African Woman in Finance: Soha El Turky, Deputy CEO & Executive Board Member, National Bank of Egypt (NBE) Best Central Bank Governor: Jean-Claude Kassi Brou, Governor, BCEAO (compte officiel) Honour Awards: Sergio Pimenta, Regional Vice President for Africa, IFC - International Finance Corporation Because Africa deserves visionary leaders ready to tackle the challenges of this new era, and forge a new economic path, Forvis Mazars is committed to supporting them as they lead the way. Taha FERDAOUS Charles de Boisriou Eric Cloutier Ibrahima Sow Zied LOUKIL Souad El Ouazzani Mohamed Hédi Kammoun Moussoukoro NDIAYE #ForvisMazars #AFIS #Leadership #Transformation #AfricanEconomy #Innovation #Partnership #Finance #Bank #StrategicCollaboration #Africa

The week of the African Development Bank Group Annual Meetings 2024 came to an end in Nairobi, #Kenya, following many bilateral meetings, industry meetings, and panel discussions on pertinent topics in #development and #finance, notably reforms of the #globalfinancialarchitecture. It is heartwarming for us at #TDBGroup to reflect on the excellent strategic #partnerships we have built over the years, starting with the #AfDB, which paved the way for our valuable strategic partnerships with other MDBs such as #BADEA and the European Investment Bank (EIB), and now in a big way, the The World Bank Group. We had excellent meetings with the AfDB and World Bank on scaling up our cooperation and exploring further innovations in our strategic partnership.   “What we have observed is that our own community of African regional MDBs, DFIs, commercial banks and other financial institutions have significantly ramped up their collaboration in the recent years. Pulling our efforts together and synergizing at these unprecedented levels is enabling us to respond better by scaling-up impact – working effectively hand in hand with global and bilateral partners from the rest of the world. Strong partnerships are one of the most important success factors in our leveraged performance and impact.” says Admassu Tadesse, TDB Group President and Managing Director. Among the eminent guests received at its Nairobi Operations Hub, TDB Tower, we were delighted to receive and welcome BADEA - Arab Bank for Economic Development in Africa led by Dr. Sidi Ould Tah, BADEA President, with which we have been working closely for several years on several fronts. In addition to being an investor in our Class B shares and an anchor shareholder in our trade finance fund, BADEA and TDB Group are also working closely in the areas of co-financing and risk-sharing, among others, synergizing together in our region. We were also delighted to receive Alain Ebobissé, CEO of Africa50 Infrastructure Investment Platform, with which we have been collaborating regularly since their establishment a decade or so back, and have exciting joint #investments on the horizon.  #AfDBAM2024 #DevelopmentBanking #InternationalCooperation #StrategicPartnerships #FinancialInnovation #GlobalPartnerships #MultilateralDevelopmentBanks #AfricaInvestment #RegionalDevelopment