Togo: Lomé will host the next Africa Financial Industrial Summit this month

Friday, 11 November 2022 10:32
Togo: Lomé will host the next Africa Financial Industrial Summit this month

(Togo First) - Lomé will host the second edition of the Africa Financial Industry Summit (AFIS) on November 28 and 29, 2022. It will be the first time the event, sponsored by the IFC and Jeune Afrique Media Group, is held physically.

AFIS will gather leaders of the African industry who will contribute to Africa’s economic recovery through a sustainable, competitive, innovative, and inclusive development of the finance sector. The participants will do so during conferences, workshops, and roundtables. 

"AFIS is a platform launched in 2021 to allow leaders of the financial industry to discuss financing issues in Africa. This edition will bring together leaders of banks, insurance companies, mobile money companies, fintech, and capital markets businesses. The meeting will be attended by regulators, ministers of economy and finance, and representatives of major development institutions," Frederic Maury, Deputy Director of AFIS, told Togo First. 

Over 500 participants, from 30 countries, are expected to attend the Summit where they will exchange on four major topics that organizers believe to be key for the finance sector.

There should be significant personalities like IFC’s Managing Director and Executive Vice President, Makhtar Diop, M-PESA’s CEO, Sitoyo Lopokoiyit, the President of the Moroccan Capital Market Authority, Nezha Hayat, the Governors of BEAC, BCEAO and the Central Bank of Kenya, and Mary Wangari Wamae, Executive Director of Equity Group Holdings.

"The first pillar covers everything that concerns financial digitalization (fintech, mobile money, etc.). The second pillar is green finance (Sustainable Finance) and the third is related to economic integration, the AfCFTA. A fourth theme emerged in light of the high inflation that we are dealing with. It is the impact of inflation on the soundness of the African financial industry and the outlook," added Frederic Maury, who also happens to be Deputy Managing Director of Events of Jeune Afrique Media Group.

AFIS organizers want to “encourage innovation and impact the continent’s economy”, in a context where the finance sector is growing and new pioneers are emerging.

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

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