On December 9 and 10, 2024, Casablanca becomes the epicenter of African finance by hosting the Africa Financial Summit (AFIS) 2024. Organized in the Moroccan metropolis, this event brings together more than 1,000 leaders and experts from the four corners of the continent. and the world, testifying to the strategic importance of finance for the sustainable development of Africa.
In her opening remarks, HE Ms. Nadia Fettah, Minister of Economy and Finance of the Kingdom of Morocco, welcomed the collective commitment of the participants and paid tribute to His Majesty King Mohammed VI, whose pan-African vision inspires the role of Morocco as a key player in continental development. She stressed that the Kingdom aspires to be at the “heart” of African ambitions by building a prosperous, just and sustainable future.
AFIS 2024 is structured around major themes, notably the fluidity of capital, the solidity of financial institutions and the liberation of energies. These axes reflect a common desire to transform the African financial landscape, by responding to the challenges of inclusion, regulation and ecological transition.
The summit offers a diversity of high-level panels, workshops and discussions. Topics such as payments interoperability, regional integration of financial markets and digital innovations for SMEs are among the priorities. The crucial role of fintechs, digital currencies and green investments is also at the heart of discussions, illustrating the new financial dynamics of the continent.
The 2024 edition welcomes an impressive list of decision-makers, experts and business leaders, including Sérgio Pimenta (IFC), Nadia Fettah (Ministry of Finance of Morocco), Jeremy Awori (Ecobank Group), and Edward Knight (Nasdaq). The discussions are also enriched by academic and institutional contributions, such as those of Professor Carlos Lopes (University of Cape Town) and representatives of organizations such as Deloitte and Afreximbank.
With an annual infrastructure financing gap estimated at between $53 billion and $96 billion, AFIS 2024 highlights the mechanisms needed to mobilize national and international resources. Participants explore innovative solutions, including green bonds, patient capital and public-private partnerships, to meet growing needs for infrastructure, energy and social inclusion.
Choosing Casablanca as host underlines Morocco’s strategic position in African financial exchanges. The city embodies a bridge between Africa, Europe and the Middle East, strengthening its role as an economic and financial hub.
AFIS 2024, much more than a simple conference, aims to be a catalyst for bold, sustainable and inclusive African finance. The ideas exchanged and partnerships forged during this summit will mark an important step in the economic and social transformation of the continent.
LNT
Share this article:
