Chair
Benedict ORAMAH / President, Afreximbank
Speakers
Mustafa RAWJI / CEO, Rawbank
Khaled AL-ABOODI / Advisor to the Chairman, BADEA
Admassu TADESSE / Group President and Managing Director, TDB Group
Moderator
Nathalie LOUAT / Director, Global Trade & Supply Chain, IFC
African commercial banks based in low-credit-rating countries are finding it difficult to establish appropriate correspondent banking relationships with international banks, many of which have withdrawn from Africa. Dr. Sidi Ould Tah, President of the Arab Bank for Economic Development in Africa (BADEA), Admassu Tadesse, Group President and CEO of Eastern and Southern Africa’s Trade and Development Bank Group (TDB Group), and Prof. Benedict Oramah, President, Afreximbank discuss how expanded DFI trade finance guarantees and payment risk cover could bridge the gap and enable partnerships between African banks and global financial institutions.
Key points:
Will trade finance guarantees be enough to ease international banks’ risk aversion to African partners?
How can DFIs boost African banks’ liquidity to enable larger banks to act as correspondent banks for smaller ones?
Reducing complexity: What more can DFIs do to support African banks in adopting digital trade finance solutions?
