The work of the Africa Financial Summit (AFIS-2024) ended on Tuesday in Casablanca, bringing together leading figures from the African and international financial sector.
Organized for the first time in Morocco under the theme “The time of African financial powers has come”, this two-day edition brought together 1,200 participants, nearly 40 ministers and central bank governors, and 72 countries represented, culminating in the signing of 20 memorandums of understanding.
Discussions during AFIS 2024 highlighted concrete solutions to build an inclusive, sustainable and innovative African financial system, capable of responding to the challenges of climate transition and digital transformation.
Thus, the importance of sustainable and innovative financing models to accelerate the development of infrastructure, renewable energies and climate resilience were highlighted. African and international actors have explored strategic tools, such as deposit funds and the integration of financial technologies, to mobilize the resources needed for economic growth.
These discussions also highlighted regulatory harmonization initiatives within the framework of the African Continental Free Trade Area (AfCFTA), essential for building an integrated financial environment.
The roundtables covered key themes, including the opportunities offered by alternative assets, central bank digital currencies (CBNCs) and artificial intelligence. These solutions aim to modernize cross-border payments, promote financial inclusion and transform agricultural systems through AgriTech innovations.
Furthermore, the rise of green bonds and impact investments has been identified as a major lever to boost sustainable finance and strengthen food security on the continent.
At the same time, the prospects linked to African savings and integrated payments were presented as essential drivers for boosting the economy and consolidating Africa’s financial autonomy.
LNT with Map
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