Africa and the Global Fintech Revolution
Why Not Africa? | Center for Financial Inclusion Blog
We go to a lot of conferences in this business – some good, some less so. AFSIC, the Africa Financial Services Investment Conference, definitely falls into the former category.
The 3-year-old brainchild of former Botswana Stock Exchange boss Rupert McCammon, the London event draws a mix of debt and equity investors, insurers, quants, fintech angels, consumer lenders, policy mavens, IFIs, MFIs, and other NGOs of various stripe. If your appetite runs to Africa, it’s a generous smorgasbord.[More …..]
AFSIC 2016 Q & A- Stefan Nalletamby, Director, Financial Sector Development, African Development Bank
How is the Africa Development Bank Assisting in Strengthening the Continent’s Finance Sector?
What is the Financial Sector Development’s Role within AfDB and what is the mandate?
Can you tell us a bit more about your Africa SME Programme?
What will be the Focus of your Presentation at AFSIC 2016?
For the answers to these questions click here for the full Q&A analysis
AFSIC 2016 Keynote Speaker Q & A – H. John Wilson, IFC Financial institutions Group, Sub-Saharan Africa
IFC is part of the World Bank Group – what is your specific remit?
IFC are a big investor in Equity Bank and KCB – what other banks are you invested in?
How does mobile money impact on the region – specifically the potential benefits offered by interoperability and international remittance?
For the answers to these questions and many more click here for the full Q&A analysis
AFSIC 2016 – What the Sponsors say
“FSD Africa is glad to support the AFSIC Conference 2016 as it presents a unique opportunity for a wide range of relevant finance sector stakeholders in Sub-Saharan Africa (SSA) to meet and chart strategies that could help transform financial services delivery in SSA. FSD Africa is keen to present its ideas on how to use catalytic donor funding to create innovative, competitive and sustainable financial markets in SSA that make a real difference to people’s lives. FSD Africa has a new and growing focus on supporting capital markets development in SSA because of the very clear role that capital markets play in making financial markets more inclusive, as well as in supporting investment and economic growth.”
“We are pleased to be speaking and sponsoring AFSIC 2016 due to the exposure and visibility it offers. More specifically, the conference’s coverage extends to all Africa financial services, therefore we believe it can be an opportunity to meet a number of interesting international companies within the wider scope of financial services. It will also be an opportunity to gather latest industry insights, with over 100 expert speakers expected to contribute.”
Casablanca Finance City
“AFSIC is differentiated by the breadth and depth of financial institution participation, covering non-bank financial institutions, financial services technology and “entrepreneurial” or niche banks. We view these as the most attractive segments within the overall financial services landscape and as offering the best potential for growth and for risk-adjusted returns.”
“As one of the leading independent fund managers in development-related sectors, responsAbility is proud to support an event like AFSIC, which favors the exchange of knowledge and network among high-caliber professionals of the financial sector. We are committed to contributing to the growth of Africa’s financial services industry as an instrument of long-term development and view the sponsoring of the AFSIC as an excellent channel to showcase our business model and generate additional investment opportunities”
‘’Following on from the outstanding success of the previous editions of AFSIC, The Currency Exchange Fund (TCX), Frontclear and Mantis are pleased to once again sponsor this event. In previous years, AFSIC has acted as a successful platform for interaction between African Financial Services Firms and Investors and thus, we are pleased to continue our support for AFSIC 2016 in London’’.
“BIO is very pleased and honoured to take part in the all-important AFSIC event again. It is the key event for exchanging knowledge and networking with the leading financial institutions active in Africa, BIO’s main investment market. We are looking forward to participating and meeting old and new partners.”
“Saïd Business School is an enthusiastic advocate for greater levels of investment in talent from across Africa. We are strongly committed to increasing the number of students who come from the African continent to 10% of our MBA class by 2018. We also want to ensure that our students are fully informed of the opportunities that exist in Africa so that they can make the greatest impact when they return to the continent. Our partnership with AFSIC helps us to raise awareness of our strategy and to make connections with organisations working in Africa’s financial services sector who share this commitment to the African growth story.”
Saïd Business School
“Since its first edition in 2013, AFSIC has grown tremendously to become a leading event for financial services investments in Africa. Supporting the African private financial sector is one of Proparco’s main areas of interest and activity. We value the networking opportunities afforded by this event and are proud to sponsor AFSIC.”
“ABAX is an international provider of integrated advisory, corporate and business services for private equity funds, multinational corporations, entrepreneurs and high-net worth individuals doing business in Africa, Asia and the Middle East. The range of services offered by ABAX includes business structuring, enterprise value optimisation, corporate finance advisory, corporate management, fund and investor services, private wealth services and fiduciary services. ABAX is headquartered in Mauritius, with offices in Johannesburg, Nairobi, Dubai, Cote d’Ivoire, London and Singapore. ABAX administers client assets of USD 23 billion. ABAX is proud to support AFSIC 2016 which we see as a good opportunity to build contacts and promote our Africa-focused offering. Our Business Development Partner, Nousrath Bhugeloo, and John Félicité, our UK Country Head, will be attending.”
“EURONEXT has been a sponsor of AFSIC since 2015 and is proud to support the growth of African economies and companies. In the last two years, EURONEXT has been the leading European exchange for listing companies with operations in Africa, including:
- Orascom Construction Industries (OCI) is a global producer of natural gas-based fertilizers and industrial chemicals with production facilities in the Netherlands, the United States, Egypt and Algeria;
- Altice, an international cable and telecom operator active in Western Europe, Israel, Caribbean and Africa;
- Mota Engil Africa, a leading Sub-Saharan Africa construction and infrastructure business with operations in 10 countries.
In addition, Eranove, a major player in west Africa in the production of electricity and drinking water, recently filed for an IPO on EURONEXT.
EURONEXT operates the most liquid single electronic order book of any European exchange with more than €8.5bn average daily trading volume. To optimise liquidity and the exposure of international assets to the U.S., European and UK investors, EURONEXT offers multiple listing entry points to our single-order book trading platform, including London, Paris, Amsterdam, Brussels and Lisbon.”
“The microfinance NGO based in Luxembourg ADA develops specific and innovative microfinance products to MFIs, offers trainings to microfinance professionals and supports MFIs in their search for funds. Sponsoring AFSIC, which has become, in a few year, the leading event for financial services in Africa appears to be the best opportunity to connect our activities with key investors. Besides, ADA co-organizes every two years the SAM – Semaine Africaine de la Microfinance- (African Microfinance Week), the most important microfinance conference in Africa. Next edition will be in 2017, with the objective to strengthen the links between microfinance and investors. www.ada-microfinance.lu“
“Acumum is sponsoring AFSIC for the 2nd year running. Acumum’s Managing Partner, Geraldine Noel, Barrister – Registered in Malta attended in 2015 and will attend again this year ‘I was very impressed by the content of the AFSIC and the quality of the speakers. Not only is AFSIC one of the friendliest conferences I have ever attended, with both speakers and delegates freely interacting with one another, it is also one of the best opportunities for us to engage with significant, prospective clients for our international set of legal advisory firms located in Malta’”