2025 AFIS Playlist

Unlocking Africa’s Financial Power: Time to mobilise domestic capital at scale

Moderator: 
- Patrick COOKE – Head of Middle East and Africa, Euromoney 

Speakers: 
- Lina TONUI – Project Director, African Exchanges Linkage Project (AELP) 
- Brahim BENJELLOUN TOUIMI – Chairman of the Board of Directors, Casablanca Stock Exchange 
- Bassem GHARSALLI – VP & Country Manager, North Africa, Mastercard 
- John Bosco SEBABI – Deputy CEO, PAPSS 
 
 Africa’s integration initiatives—AfCFTA, PAPSS, and AELP—aim to deepen financial connectivity across the continent. Yet most institutions currently expect limited rather than transformational impact (Deloitte-AFIS Barometer). Challenges include regulatory fragmentation, uneven digital infrastructure, currency volatility, and reluctance from governments to cede financial control. 

With PAPSS launching an Africa Currency Marketplace and a PAPSS card and AELP expanding participating exchanges, this panel explores how regulatory coordination, risk mitigation, and currency trading frameworks can help financial institutions fully embrace these pan-African initiatives. 

Key topics: 
-  Regulatory Harmony: What more can AfCFTA do to encourage banks and capital markets to adopt AELP and PAPSS? 
- Dollar Dependence: What are the current transaction volumes through PAPSS & AELP, and are institutions ready to commit to African currency trading? 
- Risk Mitigation: How can AfCFTA, PAPSS, and AELP jointly address forex volatility and build trust in local currency settlements?

Moderator:
- Patrick COOKE – Head of Middle East and Africa, Euromoney

Speakers:
- Lina TONUI – Project Director, African Exchanges Linkage Project (AELP)
- Brahim BENJELLOUN TOUIMI – Chairman of the Board of Directors, Casablanca Stock Exchange
- Bassem GHARSALLI – VP & Country Manager, North Africa, Mastercard
- John Bosco SEBABI – Deputy CEO, PAPSS

Africa’s integration initiatives—AfCFTA, PAPSS, and AELP—aim to deepen financial connectivity across the continent. Yet most institutions currently expect limited rather than transformational impact (Deloitte-AFIS Barometer). Challenges include regulatory fragmentation, uneven digital infrastructure, currency volatility, and reluctance from governments to cede financial control.

With PAPSS launching an Africa Currency Marketplace and a PAPSS card and AELP expanding participating exchanges, this panel explores how regulatory coordination, risk mitigation, and currency trading frameworks can help financial institutions fully embrace these pan-African initiatives.

Key topics:
- Regulatory Harmony: What more can AfCFTA do to encourage banks and capital markets to adopt AELP and PAPSS?
- Dollar Dependence: What are the current transaction volumes through PAPSS & AELP, and are institutions ready to commit to African currency trading?
- Risk Mitigation: How can AfCFTA, PAPSS, and AELP jointly address forex volatility and build trust in local currency settlements?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC41QUZGQTY5OTE4QTREQUU4

Panel | AfCFTA, PAPSS & AELP: Delivering impact for African finance

November 20, 2025 4:22 pm

Moderator: 
- Alice SEE – Consultant in Strategic and Financial Communications, Editor-in-Chief/Moderator (FR & EN), Alice See Consulting 

Speakers: 
- Daniel NNOMO NTI – Head of Portfolio, Business Development, African Guarantee Fund 
- Elizabeth Kibirige NAMUGENYI – Director, Partnerships and Blended Finance, IFC 
- Josephine ANAN-ANKOMAH – Managing Director, Ecobank Kenya & Regional Executive, Central, Eastern & Southern Africa 
 
Global aid is projected to drop by $31bn this year, placing immense pressure on credit and support systems for women-led SMEs and fintechs in Africa. With only ~2% of startup funding (~$10m) going to female founders in Q1 2025, a $49bn financing gap persists. Despite this, women-led ventures like South Africa’s Naked ($38m) and Kenya’s Pula ($10m) are breaking through. 

This panel examines how African financial institutions, fintech innovation, and blended finance models can step in as traditional aid recedes, enabling sustainable support for women entrepreneurs across the continent. 

Key Points: 
- Sustainable Financing Instruments: How can banks and insurers design effective solutions for women-led SMEs and fintechs in a post-aid environment? 
- Fintech & Insurtech Innovation: What role can mobile money, alternative credit scoring, and digital platforms play in widening access to finance? 
- Development Finance & Aid: In a transactional world, what support can DFIs and international donors realistically provide to foster women’s entrepreneurship?

Moderator:
- Alice SEE – Consultant in Strategic and Financial Communications, Editor-in-Chief/Moderator (FR & EN), Alice See Consulting

Speakers:
- Daniel NNOMO NTI – Head of Portfolio, Business Development, African Guarantee Fund
- Elizabeth Kibirige NAMUGENYI – Director, Partnerships and Blended Finance, IFC
- Josephine ANAN-ANKOMAH – Managing Director, Ecobank Kenya & Regional Executive, Central, Eastern & Southern Africa

Global aid is projected to drop by $31bn this year, placing immense pressure on credit and support systems for women-led SMEs and fintechs in Africa. With only ~2% of startup funding (~$10m) going to female founders in Q1 2025, a $49bn financing gap persists. Despite this, women-led ventures like South Africa’s Naked ($38m) and Kenya’s Pula ($10m) are breaking through.

This panel examines how African financial institutions, fintech innovation, and blended finance models can step in as traditional aid recedes, enabling sustainable support for women entrepreneurs across the continent.

Key Points:
- Sustainable Financing Instruments: How can banks and insurers design effective solutions for women-led SMEs and fintechs in a post-aid environment?
- Fintech & Insurtech Innovation: What role can mobile money, alternative credit scoring, and digital platforms play in widening access to finance?
- Development Finance & Aid: In a transactional world, what support can DFIs and international donors realistically provide to foster women’s entrepreneurship?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC43NDhFRTgwOTRERTU4Rjg3

Women In Finance Panel | Aid’s vanishing act: The next play for women-led SME & fintech funding

November 20, 2025 4:16 pm

Moderator: 
- Abdelmalek ALAOUI – CEO, Guepard Group 

Speakers: 
- Yasmina ASRARGUIS – Near Eastern Studies Department | Visiting Researcher, Princeton University 
- Obaid AMRANE – CEO, Ithmar Capital 
- Chukwuerika ACHUM – CEO, Falcon Aerospace (VivaJets) 
- Solomon QUAYNOR – VP, Private Sector, Infrastructure and Industrialisation, African Development Bank (AfDB) 
- Sérgio PIMENTA – CEO, Africa50 Infrastructure Acceleration Fund 

 
 Africa has 16 landlocked countries, more than any other continent, making efficient trade corridors from interior regions to seaports essential for economic growth. Projects like the Lobito Corridor ($2.3bn) and AfDB’s €157m upgrade to Burkina Faso–Côte d’Ivoire road links highlight the scale and cost of these initiatives. Strategic ports such as Tanger Med and Nador West Med are emerging gateways, but financing, regulatory frameworks, cross-border agreements, and governance models remain challenging. 

This panel explores innovative finance mechanisms, priority infrastructure projects, and regional cooperation to unlock trade access for Africa’s landlocked countries. 

Key topics: 
- Innovative Financing: How can sovereign bonds, blended finance, and Corridor Special Purpose Vehicles fund inland trade corridors? 
- Infrastructure Priorities: Which road or rail links urgently need construction or rehabilitation? 
- Regional Cooperation: How can policy alignment accelerate corridor development across borders?

Moderator:
- Abdelmalek ALAOUI – CEO, Guepard Group

Speakers:
- Yasmina ASRARGUIS – Near Eastern Studies Department | Visiting Researcher, Princeton University
- Obaid AMRANE – CEO, Ithmar Capital
- Chukwuerika ACHUM – CEO, Falcon Aerospace (VivaJets)
- Solomon QUAYNOR – VP, Private Sector, Infrastructure and Industrialisation, African Development Bank (AfDB)
- Sérgio PIMENTA – CEO, Africa50 Infrastructure Acceleration Fund


Africa has 16 landlocked countries, more than any other continent, making efficient trade corridors from interior regions to seaports essential for economic growth. Projects like the Lobito Corridor ($2.3bn) and AfDB’s €157m upgrade to Burkina Faso–Côte d’Ivoire road links highlight the scale and cost of these initiatives. Strategic ports such as Tanger Med and Nador West Med are emerging gateways, but financing, regulatory frameworks, cross-border agreements, and governance models remain challenging.

This panel explores innovative finance mechanisms, priority infrastructure projects, and regional cooperation to unlock trade access for Africa’s landlocked countries.

Key topics:
- Innovative Financing: How can sovereign bonds, blended finance, and Corridor Special Purpose Vehicles fund inland trade corridors?
- Infrastructure Priorities: Which road or rail links urgently need construction or rehabilitation?
- Regional Cooperation: How can policy alignment accelerate corridor development across borders?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC44Mjc5REFBRUE2MTdFRDU0

Panel | From dry ports to deep waters: Financing inland corridors for landlocked countries

November 20, 2025 4:08 pm

Moderator: 
- Kenneth IGBOMOR – Market Editor, West Africa, CNBC Africa 

Speakers: 
- Sana ATTIG – Director, Insurance, Francophone Africa, Deloitte 
- Gildas N'ZOUBA – Director, Côte d’Ivoire Zone & CEO, SUNU Assurances Côte d’Ivoire, Groupe SUNU 
- Bachir BADDOU – Vice President, Fédération Marocaine d'Assurance (FMA) 
- Linet ODERA – Chief Officer, Public Sector & Inclusive Solutions, ZEP-RE (PTA Reinsurance Company) 

Africa’s insurance industry faces mounting challenges from tech-driven, climate, and food system shocks. From cyberattacks targeting government coffers and high-profile data leaks to climate disasters like El Niño, which left 20 million people facing hunger last year, the need for resilient insurance solutions has never been greater. 

With weather-related losses for Santam climbing 12% YoY to $36m, and 91% of organizations globally anticipating a rise in AI-driven cyber threats, Africa’s $64bn insurance market must assess whether it can absorb these shocks. This panel explores what is required from governments, regulators, and capital markets to strengthen Africa’s insurance and risk management frameworks. 

Key topics: 
- Government & Regulatory Support: How can premium subsidies, anchor clients, and enhanced reinsurance & risk modelling boost system readiness? 
- Capital Market Solutions: Can insurance-linked securities and catastrophe bonds provide relief, including coverage for cyber risks? 
- Tech & Parametric Insurance: How can partnerships leveraging satellite, sensor, and ground-level data make parametric insurance effective against systemic shocks?

Moderator:
- Kenneth IGBOMOR – Market Editor, West Africa, CNBC Africa

Speakers:
- Sana ATTIG – Director, Insurance, Francophone Africa, Deloitte
- Gildas N'ZOUBA – Director, Côte d’Ivoire Zone & CEO, SUNU Assurances Côte d’Ivoire, Groupe SUNU
- Bachir BADDOU – Vice President, Fédération Marocaine d'Assurance (FMA)
- Linet ODERA – Chief Officer, Public Sector & Inclusive Solutions, ZEP-RE (PTA Reinsurance Company)

Africa’s insurance industry faces mounting challenges from tech-driven, climate, and food system shocks. From cyberattacks targeting government coffers and high-profile data leaks to climate disasters like El Niño, which left 20 million people facing hunger last year, the need for resilient insurance solutions has never been greater.

With weather-related losses for Santam climbing 12% YoY to $36m, and 91% of organizations globally anticipating a rise in AI-driven cyber threats, Africa’s $64bn insurance market must assess whether it can absorb these shocks. This panel explores what is required from governments, regulators, and capital markets to strengthen Africa’s insurance and risk management frameworks.

Key topics:
- Government & Regulatory Support: How can premium subsidies, anchor clients, and enhanced reinsurance & risk modelling boost system readiness?
- Capital Market Solutions: Can insurance-linked securities and catastrophe bonds provide relief, including coverage for cyber risks?
- Tech & Parametric Insurance: How can partnerships leveraging satellite, sensor, and ground-level data make parametric insurance effective against systemic shocks?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC5DMkU4NTY1QUFGQTYwMDE3

Panel | Tech, climate & food ecosystem exposures: Can insurance absorb the coming shockwaves?

November 20, 2025 3:59 pm

Moderator: 
- Ondiro OGANGA – Africa Correspondent, Bloomberg News 

Speaker: 
- Blaise Abel EZO'O ENGOLO – Secretary General, Inter-African Conference on Insurance Markets (CIMA) 
 
 The rise of AI, digitalisation, and insurtech is transforming the African insurance industry, but it is also introducing new consumer protection risks. These include data privacy breaches, algorithmic bias, and opaque digital policies, often bundled through mobile money apps that consumers may not fully understand. While insurtech products are scaling rapidly across borders, this presents challenges for cross-border supervision and regulation. 

With the AfCFTA driving prudential harmonisation and CIMA already working on aligning rules across 14 African markets, the key question remains: Can regulators across the continent achieve full Pan-African alignment when it comes to digital insurance standards? 

In this conversation, we will explore the regulatory landscape and how African insurance markets can adapt to an AI-powered future without compromising consumer protection and market stability. 


Key Points: 
- AI and Digitalisation Risks: What new consumer protection challenges are emerging with the rise of AI and insurtech in African insurance? 
- Mobile Money & Cross-Border Supervision: How are mobile-based insurance products scaling across borders, and what challenges does this pose for regulators? 
- Regulatory Alignment: With CIMA and AfCFTA working on prudential harmonisation, is a Pan-African framework for digital insurance standards achievable?

Moderator:
- Ondiro OGANGA – Africa Correspondent, Bloomberg News

Speaker:
- Blaise Abel EZO'O ENGOLO – Secretary General, Inter-African Conference on Insurance Markets (CIMA)

The rise of AI, digitalisation, and insurtech is transforming the African insurance industry, but it is also introducing new consumer protection risks. These include data privacy breaches, algorithmic bias, and opaque digital policies, often bundled through mobile money apps that consumers may not fully understand. While insurtech products are scaling rapidly across borders, this presents challenges for cross-border supervision and regulation.

With the AfCFTA driving prudential harmonisation and CIMA already working on aligning rules across 14 African markets, the key question remains: Can regulators across the continent achieve full Pan-African alignment when it comes to digital insurance standards?

In this conversation, we will explore the regulatory landscape and how African insurance markets can adapt to an AI-powered future without compromising consumer protection and market stability.


Key Points:
- AI and Digitalisation Risks: What new consumer protection challenges are emerging with the rise of AI and insurtech in African insurance?
- Mobile Money & Cross-Border Supervision: How are mobile-based insurance products scaling across borders, and what challenges does this pose for regulators?
- Regulatory Alignment: With CIMA and AfCFTA working on prudential harmonisation, is a Pan-African framework for digital insurance standards achievable?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC4yQUE2Q0JEMTk4NTM3RTZC

Conversation With | Are insurance rules ready for an AI & Insurtech future?

November 20, 2025 3:54 pm

Panel | Financing Africa’s SME value chains - AEA Side Event

November 20, 2025 3:40 pm

Central Bank Governors Panel | A new global equation: Where can Africa turn for critical finance?

November 20, 2025 3:26 pm

Panel | Trusting local banks with FX reserves: A move to boost sovereignty or a big risk?

November 20, 2025 3:20 pm

Moderator: 
- Fatima OURIAGHLI – CEO, Finances News Hebdo & Bourse News 

Speakers: 
- Felix AMENOUNVE – Managing Director, BRVM 
- Hana TEHELKU – Director General, Ethiopian Capital Market Authority 
- Sidy DIAKHOUMPA – Partner - Lead Consulting Financial Services, Forvis Mazars 

 Family-owned businesses make up 70% of Africa’s private sector, yet they remain underrepresented in public markets, missing out on the opportunity to raise long-term capital. However, family-rooted firms like Boxer, Shri Krishana Overseas Ltd., and WeBuyCars have proven that there is investor appetite for IPOs, and businesses like TGCC, AKDITAL, and Vicenne have successfully raised substantial amounts in markets like Bourse de Casablanca. 

Despite these successes, many family businesses hesitate to go public due to concerns over control, valuation uncertainty, and lack of tailored advisory services. This panel discussion explores how African stock exchanges can evolve to support these companies, offering adapted listing structures, governance tools, and cross-border listings to help family businesses unlock the full potential of public markets. 

Key Topics: 
- Accessing Public Markets with Control: How can African family businesses go public while maintaining control over strategic decisions? 
- Intergenerational Succession & Governance: How can stock market listings be used for governance, succession planning, and professionalizing family businesses? 
- Stock Market Innovation: What frameworks and listing innovations are needed to support family business growth and attract long-term, patient capital? 
- Dual-Class Shares & Phased IPOs: How can African stock exchanges evolve to accommodate family businesses with unique needs?

Moderator:
- Fatima OURIAGHLI – CEO, Finances News Hebdo & Bourse News

Speakers:
- Felix AMENOUNVE – Managing Director, BRVM
- Hana TEHELKU – Director General, Ethiopian Capital Market Authority
- Sidy DIAKHOUMPA – Partner - Lead Consulting Financial Services, Forvis Mazars

Family-owned businesses make up 70% of Africa’s private sector, yet they remain underrepresented in public markets, missing out on the opportunity to raise long-term capital. However, family-rooted firms like Boxer, Shri Krishana Overseas Ltd., and WeBuyCars have proven that there is investor appetite for IPOs, and businesses like TGCC, AKDITAL, and Vicenne have successfully raised substantial amounts in markets like Bourse de Casablanca.

Despite these successes, many family businesses hesitate to go public due to concerns over control, valuation uncertainty, and lack of tailored advisory services. This panel discussion explores how African stock exchanges can evolve to support these companies, offering adapted listing structures, governance tools, and cross-border listings to help family businesses unlock the full potential of public markets.

Key Topics:
- Accessing Public Markets with Control: How can African family businesses go public while maintaining control over strategic decisions?
- Intergenerational Succession & Governance: How can stock market listings be used for governance, succession planning, and professionalizing family businesses?
- Stock Market Innovation: What frameworks and listing innovations are needed to support family business growth and attract long-term, patient capital?
- Dual-Class Shares & Phased IPOs: How can African stock exchanges evolve to accommodate family businesses with unique needs?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC45NzUwQkI1M0UxNThBMkU0

Reviving African stock markets: Scaling family businesses with Pan-African ambition

November 20, 2025 2:40 pm

Moderator: 
- Julians AMBOKO – Host, Business Redefined & CFO Chat, Nation Media Group 

Speakers: 
- Rowan GORDON – CEO, Nimble Group 
- Hadiza AMBURSA – Executive Director, Commercial Banking, Access Bank 
- El-Hassana KABA – Founder & CEO, MANSA BANK 
- Cláudia CONCEIÇÃO – Director, Southern Africa, IFC 
- Felix EGBON – Chief Risk Officer, Zenith Bank 

 With NPL ratios reaching up to 16% in regions like Kenya and CEMAC, African banks face significant challenges in managing bad debt. To ease these pressures, the development of secondary markets for non-performing loans (NPLs) offers a promising solution. Drawing inspiration from the EU’s post-2008 financial crisis recovery, this panel will explore how African countries can create dynamic, thriving NPL markets. 

The discussion will cover key topics like improving loan data quality, establishing favorable legal and regulatory frameworks, and structuring investment vehicles to facilitate NPL transactions. Experts will share strategies for overcoming pricing gaps and building the market infrastructure to attract private sector investors and reduce the burden of bad debt on banks. 

Key points: 
- Loan Data Quality & Debt Enforcement: How to improve loan data and strengthen debt enforcement to attract NPL buyers? 
- Investment Vehicles: Structuring investment vehicles that facilitate NPL sales and resolution 
- Resolution Practices: Exploring best practices for resolving NPLs, including out-of-court solutions 
- Regulatory Frameworks: What regulatory changes are necessary to support the creation of NPL secondary markets in Africa?

Moderator:
- Julians AMBOKO – Host, Business Redefined & CFO Chat, Nation Media Group

Speakers:
- Rowan GORDON – CEO, Nimble Group
- Hadiza AMBURSA – Executive Director, Commercial Banking, Access Bank
- El-Hassana KABA – Founder & CEO, MANSA BANK
- Cláudia CONCEIÇÃO – Director, Southern Africa, IFC
- Felix EGBON – Chief Risk Officer, Zenith Bank

With NPL ratios reaching up to 16% in regions like Kenya and CEMAC, African banks face significant challenges in managing bad debt. To ease these pressures, the development of secondary markets for non-performing loans (NPLs) offers a promising solution. Drawing inspiration from the EU’s post-2008 financial crisis recovery, this panel will explore how African countries can create dynamic, thriving NPL markets.

The discussion will cover key topics like improving loan data quality, establishing favorable legal and regulatory frameworks, and structuring investment vehicles to facilitate NPL transactions. Experts will share strategies for overcoming pricing gaps and building the market infrastructure to attract private sector investors and reduce the burden of bad debt on banks.

Key points:
- Loan Data Quality & Debt Enforcement: How to improve loan data and strengthen debt enforcement to attract NPL buyers?
- Investment Vehicles: Structuring investment vehicles that facilitate NPL sales and resolution
- Resolution Practices: Exploring best practices for resolving NPLs, including out-of-court solutions
- Regulatory Frameworks: What regulatory changes are necessary to support the creation of NPL secondary markets in Africa?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC4zRjM0MkVCRTg0MkYyQTM0

Panel | NPL breathing room: How could expanded secondary markets ease pressure on banks?

November 20, 2025 2:33 pm

Moderator: 
- Aurélie M'BIDA – Editor-in-Chief, Business and Economy, Jeune Afrique 

Speaker: 
- Serge EKUE – President, West African Development Bank (BOAD) 

 In this thought-provoking session at AFIS 2025, Serge Ekué, President of the West African Development Bank (BOAD), discusses the urgent need for Africa to reform the global financial architecture and assert its rightful place in global economic governance. With Africa facing a severe debt crisis and being allotted only 4.5% of the IMF’s Special Drawing Rights (SDRs), the conversation focuses on bold, actionable reforms to ensure the continent’s financial interests are prioritized. 

One of the key proposals from Ekué is to turn SDRs into an investment instrument for regional development banks, which would bolster infrastructure and economic growth in Africa. This roundtable session dives into the details of this proposal, the challenges of managing African debt, and the steps needed for a more equitable financial system. Join us to understand how Africa can push for reforms to better manage its financial future. 

Key Topics: 
- Reforming Global Financial Structures: How Africa can push for a more equitable share of global financial resources. 
- Leveraging SDRs for Regional Growth: Transforming Special Drawing Rights into an investment tool for African development banks. 
- Debt Management and IMF Reform: Practical steps towards managing Africa's debt crisis and securing the continent's place in the global economy. 
- The Role of Regional Development Banks: How institutions like BOAD can drive regional development through strategic investments.

Moderator:
- Aurélie M'BIDA – Editor-in-Chief, Business and Economy, Jeune Afrique

Speaker:
- Serge EKUE – President, West African Development Bank (BOAD)

In this thought-provoking session at AFIS 2025, Serge Ekué, President of the West African Development Bank (BOAD), discusses the urgent need for Africa to reform the global financial architecture and assert its rightful place in global economic governance. With Africa facing a severe debt crisis and being allotted only 4.5% of the IMF’s Special Drawing Rights (SDRs), the conversation focuses on bold, actionable reforms to ensure the continent’s financial interests are prioritized.

One of the key proposals from Ekué is to turn SDRs into an investment instrument for regional development banks, which would bolster infrastructure and economic growth in Africa. This roundtable session dives into the details of this proposal, the challenges of managing African debt, and the steps needed for a more equitable financial system. Join us to understand how Africa can push for reforms to better manage its financial future.

Key Topics:
- Reforming Global Financial Structures: How Africa can push for a more equitable share of global financial resources.
- Leveraging SDRs for Regional Growth: Transforming Special Drawing Rights into an investment tool for African development banks.
- Debt Management and IMF Reform: Practical steps towards managing Africa's debt crisis and securing the continent's place in the global economy.
- The Role of Regional Development Banks: How institutions like BOAD can drive regional development through strategic investments.

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC5GM0Q3M0MzMzY5NTJFNTdE

Conversation With | How can Africa be more than a bystander in the global financial architecture?

November 20, 2025 2:31 pm

Panel | From start-up to scale-up: Financing SMEs for jobs growth in Africa

November 19, 2025 7:10 pm

Moderator: 
- Julien WAGNER – Head of Media Diversification and Rankings, Jeune Afrique Media Group 

Speakers: 
- Mounir NAKHLA – CEO & Founder, MNT-Halan 
- Jean-Louis MENANN-KOUAME – CEO, Orange Bank Africa 

 Digital-only banks, also known as neobanks, are rapidly gaining traction across Africa, challenging traditional banking models and creating a massive shift in the financial landscape. Unicorns like MNT-Halan, TymeBank, and Moniepoint, along with global players such as Revolut entering the North African market, are making waves by offering alternative credit scoring, user-friendly digital wallets, and innovative banking services in underserved segments. 

In this session at AFIS 2025, two of Africa’s leading neobanks, Mounir Nakhla (MNT-Halan) and Jean-Louis Menann-Kouame (Orange Bank Africa), discuss the challenges and opportunities of building sustainable digital-only banking models in Africa. Despite their rapid growth, many neobanks still operate at a loss — but what’s next for them? How will they scale, and can they overcome the hurdles of profitability and market penetration? 

Key Topics: 
- Neobanks vs Traditional Banks: How challenger banks are disrupting the African banking landscape. 
- Digital Wallets and Credit Scoring: Exploring how alternative credit scoring and user-friendly digital wallets are transforming financial access for underserved populations. 
- Sustainable Growth: What it takes for neobanks to scale sustainably in competitive African markets. 
- Challenges of Profitability: Are neobanks’ models built to last, or are they doomed to fail?

Moderator:
- Julien WAGNER – Head of Media Diversification and Rankings, Jeune Afrique Media Group

Speakers:
- Mounir NAKHLA – CEO & Founder, MNT-Halan
- Jean-Louis MENANN-KOUAME – CEO, Orange Bank Africa

Digital-only banks, also known as neobanks, are rapidly gaining traction across Africa, challenging traditional banking models and creating a massive shift in the financial landscape. Unicorns like MNT-Halan, TymeBank, and Moniepoint, along with global players such as Revolut entering the North African market, are making waves by offering alternative credit scoring, user-friendly digital wallets, and innovative banking services in underserved segments.

In this session at AFIS 2025, two of Africa’s leading neobanks, Mounir Nakhla (MNT-Halan) and Jean-Louis Menann-Kouame (Orange Bank Africa), discuss the challenges and opportunities of building sustainable digital-only banking models in Africa. Despite their rapid growth, many neobanks still operate at a loss — but what’s next for them? How will they scale, and can they overcome the hurdles of profitability and market penetration?

Key Topics:
- Neobanks vs Traditional Banks: How challenger banks are disrupting the African banking landscape.
- Digital Wallets and Credit Scoring: Exploring how alternative credit scoring and user-friendly digital wallets are transforming financial access for underserved populations.
- Sustainable Growth: What it takes for neobanks to scale sustainably in competitive African markets.
- Challenges of Profitability: Are neobanks’ models built to last, or are they doomed to fail?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC45RTgxNDRBMzUwRjQ0MDhC

Conversation With | Challenger banks: The neobanks disrupting the status quo

November 19, 2025 3:30 pm

Moderator
- Kenneth Igbomor : Market Editor, West Africa, CNBC Africa

Speakers / Experts
- Mehdi Tazi – Chairman, Cover Edge
- Baghayo Saqware – Commissioner of Insurance & Director General, Tanzania Insurance Regulatory Authority (TIRA)
- Namakau Mundia Ntini – CEO, Pensions and Insurance Authority, Republic of Zambia
- Ouafae Mriouah – CEO, Atlantic Re
- Marie Vincent Katshingu – Deputy Director & Head of Microinsurance and Parametric Insurance, ARCA (DRC)

Just over two-thirds of African insurance CEOs surveyed by Continental Re say that penetration rates “do not matter” to them—a revealing signal of how market incentives diverge from national policy priorities. With insurance penetration standing at 2.4% for life and 1.1% for non-life across the continent : far below global averages. Millions remain vulnerable to climate shocks, health crises, and income volatility.

Key Topics
- Turning agricultural and informal sector insurance into a viable business opportunity: How can government–supervisor collaboration make these markets attractive for private insurers?
- Regulatory levers for scale: What roles can mandates, digital onboarding, premium subsidies, and product innovation play in expanding microinsurance and agricultural coverage?
- Integrating informal systems: How can tontines, cooperatives, and community groups be connected to formal insurance markets while preserving trust, reach, and accountability?

Moderator
- Kenneth Igbomor : Market Editor, West Africa, CNBC Africa

Speakers / Experts
- Mehdi Tazi – Chairman, Cover Edge
- Baghayo Saqware – Commissioner of Insurance & Director General, Tanzania Insurance Regulatory Authority (TIRA)
- Namakau Mundia Ntini – CEO, Pensions and Insurance Authority, Republic of Zambia
- Ouafae Mriouah – CEO, Atlantic Re
- Marie Vincent Katshingu – Deputy Director & Head of Microinsurance and Parametric Insurance, ARCA (DRC)

Just over two-thirds of African insurance CEOs surveyed by Continental Re say that penetration rates “do not matter” to them—a revealing signal of how market incentives diverge from national policy priorities. With insurance penetration standing at 2.4% for life and 1.1% for non-life across the continent : far below global averages. Millions remain vulnerable to climate shocks, health crises, and income volatility.

Key Topics
- Turning agricultural and informal sector insurance into a viable business opportunity: How can government–supervisor collaboration make these markets attractive for private insurers?
- Regulatory levers for scale: What roles can mandates, digital onboarding, premium subsidies, and product innovation play in expanding microinsurance and agricultural coverage?
- Integrating informal systems: How can tontines, cooperatives, and community groups be connected to formal insurance markets while preserving trust, reach, and accountability?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC4yMUQyQTQzMjRDNzMyQTMy

Insurance Supervisors Panel | How to tackle Africa's sub 3% insurance penetration rates?

November 19, 2025 2:49 pm

Moderator 
- Aruoture ODDIRI – TV Host, Arise TV 

Speakers 
- Mayowa KUYORO – Partner and Head of Africa Financial Services Group & EEMA Fintech and Payments Practice Leader, McKinsey & Company 
- Rajat DAYAL – CEO, Yabx Technologies 
- Coura Carine SENE – Regional Director, Wave Mobile Money Group 
- Nabil AMAR – Chairman, Cash Plus 
- Abdeslam ALAOUI SMAILI – CEO, HPS 

Bank–fintech and microfinance institution (MFI) collaborations delivering digital banking, credit and payment products to Africa’s 44 million MSMEs live or die by how they're structured. Some have collapsed due to profit sharing disputes and competitive tensions. Others, like Safaricom and NCBA's M-Shwari have been vastly successful. Agreeing on profit and data sharing, allocating liability for fraud or credit risk, and ensuring seamless API integration can make-or-break partnerships. From AI-powered credit scoring to real-time digital payment systems that generate the transaction histories MSMEs need to qualify for credit, how can partnerships be structured to plug Africa’s $330 billion SME financing gap?  
  
Key points : 
- What are the key determinants of a winning fintech-MFI-bank partnership? 
- Could fintechs and telcos growing to the scale of traditional banks, and banks enhancing their own fintech capabilities, threaten the future of partnerships? 
- How can the new frontiers for AI in credit scoring, detecting customer transaction patterns and fraud support MSMEs at scale?

Moderator
- Aruoture ODDIRI – TV Host, Arise TV

Speakers
- Mayowa KUYORO – Partner and Head of Africa Financial Services Group & EEMA Fintech and Payments Practice Leader, McKinsey & Company
- Rajat DAYAL – CEO, Yabx Technologies
- Coura Carine SENE – Regional Director, Wave Mobile Money Group
- Nabil AMAR – Chairman, Cash Plus
- Abdeslam ALAOUI SMAILI – CEO, HPS

Bank–fintech and microfinance institution (MFI) collaborations delivering digital banking, credit and payment products to Africa’s 44 million MSMEs live or die by how they're structured. Some have collapsed due to profit sharing disputes and competitive tensions. Others, like Safaricom and NCBA's M-Shwari have been vastly successful. Agreeing on profit and data sharing, allocating liability for fraud or credit risk, and ensuring seamless API integration can make-or-break partnerships. From AI-powered credit scoring to real-time digital payment systems that generate the transaction histories MSMEs need to qualify for credit, how can partnerships be structured to plug Africa’s $330 billion SME financing gap?

Key points :
- What are the key determinants of a winning fintech-MFI-bank partnership?
- Could fintechs and telcos growing to the scale of traditional banks, and banks enhancing their own fintech capabilities, threaten the future of partnerships?
- How can the new frontiers for AI in credit scoring, detecting customer transaction patterns and fraud support MSMEs at scale?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC41QTY1Q0UxMTVCODczNThE

Disrupters Club Panel | Co-designing AI-driven MSME finance with bank, fintech and MFI partnerships

November 19, 2025 10:26 am

Moderator: 
- Eden HARRIS – Special Correspondent for Connecting Africa, Financial Times 

Speakers: 
- Souad EL OUAZZANI – Partner, Forvis Mazars 
- Dr. George Agyekum DONKOR – President and Chairman of the Board of Directors, ECOWAS Bank for Investment and Development (EBID) 
- Djalal KHIMDJEE – Deputy CEO, Proparco 
- Mehdi TAZI RIFFI – CEO, Tanger Med 
- Laila NORDINE – Global Head, Sustainable Finance, Financial Institutions Group, IFC 
- Karim EZZEDDINE – VP, SkyKapital 
- Ahmed ABOUBACRINE – Head, Rabat Regional Hub, Islamic Development Bank Group 

Africa’s potential in the climate finance space remains largely untapped. Despite key developments such as Morocco’s green bond issuances and Nigeria’s green sukuk, the continent represented less than 1% of the global Green, Social, and Sustainability (GSS) bond market in 2024, with issuances dropping 25% from the previous year. While pioneering initiatives like Seychelles’ blue bond and Gabon’s debt-for-nature swap have demonstrated promise, Africa’s climate finance ecosystem still lacks scale and consistency. 

This panel session will explore how Africa can transition from isolated GSS bond deals to a scalable, integrated climate finance ecosystem that aligns with national development strategies. Key discussions will focus on green sukuk, blue bonds, and Islamic finance as mechanisms to mobilize capital for climate-aligned infrastructure projects and to address maritime climate risks, port financing, and climate adaptation. 

Key Points: 
- Scaling Climate Financing Solutions: How can Africa expand beyond green bonds to finance maritime climate risks, port infrastructure, and social development? 
- Islamic Finance & Green Sukuk: What role can green sukuk play in mobilizing regional capital for climate-aligned infrastructure? 
- Incentives & De-Risking Tools: What guarantees, tax incentives, and pipeline development strategies are essential to move beyond pilot projects to scalable, sustainable climate finance solutions?

Moderator:
- Eden HARRIS – Special Correspondent for Connecting Africa, Financial Times

Speakers:
- Souad EL OUAZZANI – Partner, Forvis Mazars
- Dr. George Agyekum DONKOR – President and Chairman of the Board of Directors, ECOWAS Bank for Investment and Development (EBID)
- Djalal KHIMDJEE – Deputy CEO, Proparco
- Mehdi TAZI RIFFI – CEO, Tanger Med
- Laila NORDINE – Global Head, Sustainable Finance, Financial Institutions Group, IFC
- Karim EZZEDDINE – VP, SkyKapital
- Ahmed ABOUBACRINE – Head, Rabat Regional Hub, Islamic Development Bank Group

Africa’s potential in the climate finance space remains largely untapped. Despite key developments such as Morocco’s green bond issuances and Nigeria’s green sukuk, the continent represented less than 1% of the global Green, Social, and Sustainability (GSS) bond market in 2024, with issuances dropping 25% from the previous year. While pioneering initiatives like Seychelles’ blue bond and Gabon’s debt-for-nature swap have demonstrated promise, Africa’s climate finance ecosystem still lacks scale and consistency.

This panel session will explore how Africa can transition from isolated GSS bond deals to a scalable, integrated climate finance ecosystem that aligns with national development strategies. Key discussions will focus on green sukuk, blue bonds, and Islamic finance as mechanisms to mobilize capital for climate-aligned infrastructure projects and to address maritime climate risks, port financing, and climate adaptation.

Key Points:
- Scaling Climate Financing Solutions: How can Africa expand beyond green bonds to finance maritime climate risks, port infrastructure, and social development?
- Islamic Finance & Green Sukuk: What role can green sukuk play in mobilizing regional capital for climate-aligned infrastructure?
- Incentives & De-Risking Tools: What guarantees, tax incentives, and pipeline development strategies are essential to move beyond pilot projects to scalable, sustainable climate finance solutions?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC5EQUE1NTFDRjcwMDg0NEMz

Panel | Green, social and blue Bonds and green sukuk: Building Africa's climate finance toolbox

November 19, 2025 10:17 am

Moderator: 
- John EVERINGTON – Middle East and Africa Editor, The Banker 

Speakers: 
 - Dr. Patrick NJOROGE – Chair, AFIS Supervisory Council 
 - Aissata Koné SIDIBE – CEO, Coris Bank International Mali 
 - Tarik BCHIR – Director of the Treasury, Kingdom of Morocco 
 - Youssef ROUISSI – General Manager, CIB, Executive Committee Member, Attijariwafa Bank 
 
 In 2024, over 50% of African governments' public revenues will go toward debt repayments. This mounting pressure has led banks, insurers, and asset managers to become more exposed to sovereign debt, raising critical concerns for financial stability. With some countries struggling under the weight of their debt burdens, are we witnessing a "deadly embrace" where financial institutions are forced to absorb more sovereign debt at the expense of private sector financing? 

This panel discussion explores how the African financial sector can manage sovereign debt exposure, mitigate risks from currency devaluations, debt restructurings, and identify tools like hedging, credit insurance, and portfolio diversification. Can African banks and investors diversify away from sovereign debt, and how can they protect themselves in a time of increasing fiscal strain? 

Key Topics: 
- Government Reliance on Commercial Banks: How much can governments lean on banks without destabilizing the system? 
- Diversifying Sovereign Debt Exposure: How can financial institutions diversify investments away from sovereign debt amid rising debt levels in Africa? 
- Risk Management Strategies: What tools—hedging, credit insurance, portfolio diversification—should financial institutions employ to mitigate exposure to sovereign debt? 
- Navigating the Debt Crisis: How can financial players survive amid potential debt restructurings, currency crashes, and rising public debt?

Moderator:
- John EVERINGTON – Middle East and Africa Editor, The Banker

Speakers:
- Dr. Patrick NJOROGE – Chair, AFIS Supervisory Council
- Aissata Koné SIDIBE – CEO, Coris Bank International Mali
- Tarik BCHIR – Director of the Treasury, Kingdom of Morocco
- Youssef ROUISSI – General Manager, CIB, Executive Committee Member, Attijariwafa Bank

In 2024, over 50% of African governments' public revenues will go toward debt repayments. This mounting pressure has led banks, insurers, and asset managers to become more exposed to sovereign debt, raising critical concerns for financial stability. With some countries struggling under the weight of their debt burdens, are we witnessing a "deadly embrace" where financial institutions are forced to absorb more sovereign debt at the expense of private sector financing?

This panel discussion explores how the African financial sector can manage sovereign debt exposure, mitigate risks from currency devaluations, debt restructurings, and identify tools like hedging, credit insurance, and portfolio diversification. Can African banks and investors diversify away from sovereign debt, and how can they protect themselves in a time of increasing fiscal strain?

Key Topics:
- Government Reliance on Commercial Banks: How much can governments lean on banks without destabilizing the system?
- Diversifying Sovereign Debt Exposure: How can financial institutions diversify investments away from sovereign debt amid rising debt levels in Africa?
- Risk Management Strategies: What tools—hedging, credit insurance, portfolio diversification—should financial institutions employ to mitigate exposure to sovereign debt?
- Navigating the Debt Crisis: How can financial players survive amid potential debt restructurings, currency crashes, and rising public debt?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC41Mzk2QTAxMTkzNDk4MDhF

Panel | Managing sovereign debt exposure on the frontline of fiscal strain

November 18, 2025 6:04 pm

Moderator: 
- Damien JACQUART – Leader Financial Advisory, Francophone Africa, Deloitte 

Speakers: 
- James MWORIA – CEO, Centum Investment Company Plc 
- Josephine Okui OSSIYA – CEO, Capital Market Authority - Uganda 
- Nasser SEDDIQI – Senior Director - Market Activities, AMMC 
- Omar BEKKALI – Director, AfricInvest Group 
- Vasco JANUÁRIO – Executive Director, Comissão do Mercado de Capitais (CMC) - Angola 
- Dahlia KHALIFA – Regional Director, Central Africa & Anglophone West Africa, IFC 

Only around 10% of Private Equity (PE) exits in Africa came via IPOs in 2024—undermining stock market development—while trade sales and secondaries continue to dominate. One overlooked barrier to IPOs is internal: most portfolio companies are not structured to become listed entities.  Some investors like Mediterrania Capital Partners have however engineered successful IPOs on the Casablanca Stock Exchange by embedding exit-readiness early - through governance upgrades and public-market-aligned reporting. This roundtable gathering investors and regulators explores how to turn IPOs into a credible exit path across African markets.  
 
Key Points:  
- What listing-readiness processes - governance, audit, transparency, investor engagement -should PE firms embed from day one? 
- How can African exchanges co-develop tailored exit pathways via phased IPOs, mid-cap segments, simplified disclosure regimes? 
- What collaborative tools, such as GP–stock exchange dialogues, early listing diagnostics, and capital market alliances, can accelerate IPO adoption?

Moderator:
- Damien JACQUART – Leader Financial Advisory, Francophone Africa, Deloitte

Speakers:
- James MWORIA – CEO, Centum Investment Company Plc
- Josephine Okui OSSIYA – CEO, Capital Market Authority - Uganda
- Nasser SEDDIQI – Senior Director - Market Activities, AMMC
- Omar BEKKALI – Director, AfricInvest Group
- Vasco JANUÁRIO – Executive Director, Comissão do Mercado de Capitais (CMC) - Angola
- Dahlia KHALIFA – Regional Director, Central Africa & Anglophone West Africa, IFC

Only around 10% of Private Equity (PE) exits in Africa came via IPOs in 2024—undermining stock market development—while trade sales and secondaries continue to dominate. One overlooked barrier to IPOs is internal: most portfolio companies are not structured to become listed entities. Some investors like Mediterrania Capital Partners have however engineered successful IPOs on the Casablanca Stock Exchange by embedding exit-readiness early - through governance upgrades and public-market-aligned reporting. This roundtable gathering investors and regulators explores how to turn IPOs into a credible exit path across African markets.

Key Points:
- What listing-readiness processes - governance, audit, transparency, investor engagement -should PE firms embed from day one?
- How can African exchanges co-develop tailored exit pathways via phased IPOs, mid-cap segments, simplified disclosure regimes?
- What collaborative tools, such as GP–stock exchange dialogues, early listing diagnostics, and capital market alliances, can accelerate IPO adoption?

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC4zMDg5MkQ5MEVDMEM1NTg2

Panel | From deal to listing: Preparing private equity exits through capital markets

November 18, 2025 5:48 pm

Panel | Who controls African trade finance - and why isn’t it African banks?

November 18, 2025 5:41 pm

#AFS2025 #AfricaFinancialSummit #FinanceAfricaine

Day 2 of the Africa Financial Summit 2025 brought together Africa’s financial leaders — from ministers and central bank governors to CEOs and fintech founders — to shape a unified, innovative, and resilient financial future for the continent.

🌍 Leadership & Expertise
Keynote speeches and strategic dialogues from leaders including ministers, governors and CEOs of Africa’s top banks and insurers — sharing visions for a world-class African financial industry.

💡 Innovation & Digital Transformation
From mobile money to artificial intelligence, the day highlighted how digital innovation is redefining access and efficiency across Africa’s financial ecosystem.

🤝 Financial Inclusion
Discussions focused on empowering women-led SMEs and micro-entrepreneurs through new credit models, Insurtech solutions and inclusive finance mechanisms.

🌱 Sustainable Finance & Climate
Panels explored the rise of green bonds, ESG standards adapted to Africa, and climate-resilient investment strategies for long-term growth.

🔗 Financial Integration
Debates centred on harmonisation of regulations, cross-border payment systems like PAPSS, and the role of the AfCFTA in deepening intra-African trade.

🧩 Resilience & Stability
Experts analysed monetary policy, inflation management and cybersecurity risks, reaffirming the industry’s strong confidence score (8.10 / 10).


#AFS2025 #AfricaFinancialSummit #FinanceAfricaine

#AFS2025 #AfricaFinancialSummit #FinanceAfricaine

Day 2 of the Africa Financial Summit 2025 brought together Africa’s financial leaders — from ministers and central bank governors to CEOs and fintech founders — to shape a unified, innovative, and resilient financial future for the continent.

🌍 Leadership & Expertise
Keynote speeches and strategic dialogues from leaders including ministers, governors and CEOs of Africa’s top banks and insurers — sharing visions for a world-class African financial industry.

💡 Innovation & Digital Transformation
From mobile money to artificial intelligence, the day highlighted how digital innovation is redefining access and efficiency across Africa’s financial ecosystem.

🤝 Financial Inclusion
Discussions focused on empowering women-led SMEs and micro-entrepreneurs through new credit models, Insurtech solutions and inclusive finance mechanisms.

🌱 Sustainable Finance & Climate
Panels explored the rise of green bonds, ESG standards adapted to Africa, and climate-resilient investment strategies for long-term growth.

🔗 Financial Integration
Debates centred on harmonisation of regulations, cross-border payment systems like PAPSS, and the role of the AfCFTA in deepening intra-African trade.

🧩 Resilience & Stability
Experts analysed monetary policy, inflation management and cybersecurity risks, reaffirming the industry’s strong confidence score (8.10 / 10).


#AFS2025 #AfricaFinancialSummit #FinanceAfricaine

YouTube Video UExTVERKRHF4cmVwSnltdkdWV2Fac0hUQXNhM0c0UzA1dC4yODlGNEE0NkRGMEEzMEQy

Africa Financial Summit 2025 – Day 2 Highlights | Building Africa’s Financial Future

November 18, 2025 12:35 pm