Africa Financial Summit – AFIS 2024: The time for mobilization has come for the African financial industry

Africa Financial Summit – AFIS 2024: The time for mobilization has come for the African financial industry
Africa Financial Summit – AFIS 2024: The time for mobilization has come for the African financial industry
Nadia Fettah AlaouiMinister of Economy and Finance of Moroccohost country of AFIS 2024, declared: “It is only natural for Morocco to host an event like AFIS, a unique platform in Africa that promotes a unified vision for financial inclusion and institutional partnerships at the pan-African level. Located at a strategic crossroads between Europe and Africa, with solid financial establishments and in-depth knowledge of the continent’s markets, Morocco intends to fully assume its role in the reorganization of the African financial industry. »

AFIS 2024 will focus on five key priorities to promote the necessary transformations:

  • Create banking products and capital market solutions to direct local resources towards productive investments, thereby stimulating growth and development;
  • Facilitate the interoperability of payments, reduce the cost and time of cross-border transactions and enable the development of trade between African countries;
  • Strengthen capital requirements for financial institutions, consolidate the industry and encourage partnerships with international financial centers;
  • Offer financial products to the informal workforce, which represents 83% of the African economy, by leveraging the digitalization of insurance and banking services;
  • Build a pan-African stock market to tackle market fragmentation and stimulate intra-African investment, creating a truly integrated financial ecosystem.

African financial leaders present

This 4th edition of AFIS will bring together influential leaders, notably Aida DIARRA (Senior Vice President and Head of Sub-Saharan Africa, VISA); Aigboje AIG-IMOUKHUEDE (Chairman, Access Bank) ; Abderrahim CAFE (President, Insurance and Social Security Supervisory Authority – ACAPS); Idrissa NASSA (CEO, Coris Bank International); Edward KNIGHT (Executive Vice Chairman, Nasdaq) ; Jean Kacou DIAGOU (President and Founder, NSIA) ; Jeremy AWORI (CEO, Ecobank) ; Jules NGANKAM (Group CEO, African Guarantee Fund) ; Mohamed BAH (CEO, SONU) ; Mohamed EL-KETTANI (CEO, Attijariwafa Bank) ; Nezha HAYAT (President, Moroccan Capital Market Authority); ALEBIOSU PHYSICIAN (Managing Director/CEO, First Bank of Nigeria) ; Prof. Benedict ORAMAH (President & CEO, Afreximbank) ; Serge DEAD (President, BOAD) ; MOHAMED HORANI (Chairman, HPS) ; Sidi OULD TAH (President, BADEA) ; Pull SENHAJI (CEO, Casablanca Stock Exchange).

In addition to these leaders, 18 ministers of Economy and Finance and 13 central bank governors, including SE Adama COULIBALY,Minister of Finance and Budget, Ivory Coast; The Honorable John MBADI NG’ONGOCabinet Secretary, National Treasury and Economic Planning of Kenya; Mother to MIHRETGovernor, National Bank of Ethiopia; Dr Denny H. KALYALYAGovernor, Bank of Zambia; Aivo ANDRIARANIVELOGovernor, Central Bank of Madagascar; and Jean-Claude Kassi BROUGovernor, BCEAO, will also participate.

Join us in Casablanca on December 9-10, 2024 for over 30 high-level industry-focused panels, debates and roundtables, marking the start of a new era for African finance. Find our program and our speakers for AFIS 2024: afis.africa/2024

Programme : www.afis.africa/fr/afis-2024/programme/

Speakers: www.afis.africa/fr/afis-2024/speakers/

About the Africa Financial Summit – AFIS 2024

Founded by the Jeune Afrique media group in 2021, with the support of the IFC (World Bank Group), AFIS is a sister organization of the African CEO Forum, the leading platform for the African private sector. AFIS aims to build a solid financial industry serving the real economy and sustainable development. Bringing together the most influential personalities and institutions in African finance as well as regulators, AFIS works to strengthen financial inclusion and promote the emergence of a truly pan-African financial services sector.

About the International Finance Corporation – IFC

The IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We operate in more than 100 countries, using our capital, expertise and influence to create markets and opportunities in developing countries. For fiscal year 2024, IFC committed a record $56 billion to businesses and financial institutions in developing countries, mobilizing private sector solutions and private capital to end poverty in a livable world. For more information, visit www.ifc.org.

Stay connected with IFC social networks.

About the Kingdom of Morocco: Focus on Casablanca

Morocco has a well-developed financial sector, contributing significantly to its GDP. Initiatives such as the national financial inclusion strategy and the launch of the Mohammed VI Investment Fund demonstrate the country’s commitment to expanding access to financial services. Strategically located at the crossroads of Europe, the Arab world and Africa, Casablanca facilitates access for participants from these regions, promoting transcontinental collaboration. The city plays a key role in positioning Morocco as the 5th largest economy in Africa with a GDP of $143 billion. Casablanca’s robust financial infrastructure also places Morocco 5th among African countries in terms of foreign direct investment (FDI). Additionally, three Moroccan banks were among the top 10 African banks in 2023, strengthening the country’s influence in the continent’s financial sector. Casablanca, with its strong financial sector, embodies the resilience of the Moroccan economy, whose performance speaks for itself in more than one way.

Contacts Presse

Elodie STREET |

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