“Africa can no longer rely solely on external sources of finance”: Olivier Noel reveals AFIS 2025 main theme
Six urgent priorities will shape Africa’s financial sovereignty – and they’re set to take centre stage at AFIS 2025 in Casablanca, says the Secretary General of the AFIS Supervisory Council.
AFIS Action Framework: Our priorities for Africa’s financial progress
From establishing equitable debt frameworks to positioning African banking giants on the global stage, the AFIS platform sets out the building blocks Africa needs to deliver a more inclusive, competitive, and globally influential African financial industry. Inspired by the flagship panels and strategic roundtables of the Africa Financial Summit – AFIS 2024 in Casablanca—where over […]
Africa’s financial executives cautiously optimistic on 2025-27 growth
While French Development Agency (AFD) projects Africa’s economy will grow by 4% in 2025 (up from 3.7% in 2024), Africa’s financial leaders have mixed confidence in their own growth prospects, the latest AFIS-Deloitte Barometer reveals. The fourth edition of the Barometer – by AFIS and Deloitte – surveyed banks, fintechs, insurers and capital market players, asking them to rate their […]
Ecobank and African Guarantee Fund Sign Transformative USD 200 Million Risk Sharing Agreement
· This is the largest guarantee facility in sub-Saharan Africa · The risk sharing agreement marks the third renewal of the partnership between Ecobank and AGF. · SMEs from across 27 African markets in which Ecobank operates will benefit from the partnership; up from just 7 countries in 2013. · The agreement includes favourable lending […]
AFIS 2023: A summit to build a world-class African financial industry.
Lomé, 15 November 2023 – Since its creation in 2021, AFIS has evolved into a strategic platform for public-private dialogue aimed at transforming the African financial landscape. This edition, focused on the theme “BUILDING A WORLD-CLASS AFRICAN FINANCIAL INDUSTRY: A $1.5 TRILLION OPPORTUNITY,” brings together leaders from the public and private sectors for a sovereign […]
Opinion: Pan-Africa regulatory platform needed to boost financial inclusion
An Africa-wide regulatory platform is needed to harness the continent’s potential for innovation in financial technology, according to members of the AFIS Advisory Board, a network of leading financial industry decision-makers in Africa. Financial innovation is an extraordinary growth engine for Africa. The continent’s fintechs raised approximately $1.3 billion in investment in 2021 alone with […]
Critical financial industry reforms are needed to accelerate African integration and make AfCFTA work
As the continent suffers the consequences of the Covid-19 pandemic, AfCFTA must not be relegated to the background. The recently concluded Annual Meetings of the African Development Bank remind us that the consequences of Covid-19 will weigh on the continent’s economic prospects for the foreseeable future, with between $145-$190 billion lost in terms of GDP, […]
Awakening affordable housing in Africa with financial innovation
Register Google agenda Mortgages are one of the fastest-growing segments in African retail banking with an estimated CAGR of 6% between 2017 and 2022. But many Africans do not qualify for mortgages or cannot afford interest rates that average 14% in sub-Saharan Africa. Lenders are also cautious about offering long-term credit to the 81% of Africans in […]