African Finance after Covid: reboot,
Africa’s financial industry was one of the most dynamic in the world prior to the onset of the Covid-19 pandemic. Banking income grew 11% per year on average, African fintech firms raised more than $800m in 2019. Developing capital markets, and low banking and insurance penetration rates show significant room for growth.
Also faced with the acceleration of digitalisation, with some players proving to be better prepared than others, Africa’s financial industry is now forced to rethink its development trajectory in light of these new challenges. At the first edition of The Financial Industry Summit, organised by the AFRICA CEO FORUM (Jeune Afrique Media Group), in partnership with IFC, 500 decision-makers representing the entire spectrum of the financial industry, industry champions, investors and regulators will share their vision and experience.
A wide variety of topics will be covered during panels, keynote addresses and roundtables, including how to drive digital transformation, develop financial inclusion strategies, adapt to the regulatory environment, update risk management practices during an economic crisis, understand new consumer needs and revolutionise talent management, as well as the impact of the implementation of the African Continental Free Trade Area. The Financial Industry Summit 2021 has a clear ambition and invites participants to help achieve it: enable the industry to return to sustainable growth, boost competitiveness, embrace innovation and contribute to the continent’s economic recovery.
KEY TOPICS INCLUDE…
- Reinventing post-Covid African finance
- The recovery of African economies
- International financial regulations
- The challenges of the insurance sector
- The African payment industry
- The future of African currencies
- The fintech boom
- Green finance in Africa
- Access to capital markets
- Africa facing non-performing loans
- African finance in the world
- Frontier markets