Africa Financial Inclusion’s Post

Financing. Progress. Prosperity

The #AfricaInvestmentForum will hold its 2024 Market Days from 4-6 December in Rabat, #Morocco. Africa Finance Corporation is one of the founding partners of this flagship event, alongside the African Development Bank Group, Africa50 Group, African Export-Import Bank (Afreximbank), Development Bank of Southern Africa (DBSA), European Investment Bank (EIB), Islamic Development Bank (IsDB), and Trade and Development Bank Group - TDB Group. #AIF2024 will bring together investors, transaction sponsors, heads of government and development finance institutions to advance investment-ready deals toward market close. Since its founding in 2018, the Forum platform has mobilised nearly $180 billion in investment interest for transformative energy, infrastructure and agriculture projects, cementing its standing as Africa’s pre-eminent investment platform for global investors. More on what to expect at this year’s Market Days: https://lnkd.in/e3JKpMgP

The 3rd edition of the Arab Africa Trade & Investment Forum will bring together industry leaders, policymakers, innovators, investors, CEOs to discuss the future of trade and investment in African and Arab countries. Who will you meet at AATIF 2025 ? -Senior Executives of financial institutions, public and private involved in trade and investment financing - Leaders of multilateral and development financial institutions supporting trade and investment finance initiatives and economic development in the Arab and African regions - Leaders of trade and investment support institutions and chambers of commerce responsible for promoting trade and investment between Arab and African countries - Leaders of non-governmental organizations (NGOs) working to promote sustainable trade, financial inclusion and social development in Arab and African countries - Importers and exporters This is a unique opportunity to engage and network with inspiring speakers and attendees who are shaping the future of African trade. #AATIF2025 #businessconference #sustainability #morocco #investment #trade #arabcountries #challenges #promotion #access #economy #opportunities #africa #AATB International Islamic Trade Finance Corporation (ITFC) BADEA - Arab Bank for Economic Development in Africa African Export-Import Bank (Afreximbank)

SUDACC: Answer to Africa's Economic Integration As Africa moves toward greater economic collaboration under AfCFTA—connecting over 1.3 billion people across 54 countries—the absence of a streamlined financial system remains a critical challenge. To address this economic barrier, Amb. Wallace W. Williams, Hon. Consul General of Antigua and Barbuda to Nigeria, introduced a transformative vision for Africa’s financial future: the Standard Universal Digital African Currency Contract (SUDACC). SUDACC, as outlined by Amb. Williams, is more than a digital currency framework. It represents an innovative step towards unifying Africa’s diverse economies under the umbrella of the African Continental Free Trade Area (AfCFTA). The initiative aims to eliminate the persistent barriers posed by currency diversity and exchange rate volatility, which continue to hinder the full potential of intra-African trade. See video for more #SUDACC #Africa #Euro #ECOWAS #BRICS #AU

Africa's Development matters most at this present time.

While appreciating the organizers of the AUC Chairperson debate “Mjadala”, I feel that the team in charge faced fundamental challenges in framing the questions. This made the Mjadala boring and unengaging, as the candidates' answers were full of generalities. For instance, the first question posed to the candidates, centered around the theme of translating Africa’s wealth into continental prosperity, lacked clarity and focus. The question was phrased as follows: “Africa has everything it needs to feed its people, educate its children, and take care of its health, yet the reality defies this. How will you turn the continent's resource wealth into tangible benefits? Reducing debt, ensuring sustainable financing of the African Union, and enabling Africa to control its destiny economically. Also, how will you ensure that the African Continental Free Trade Area achieves its goals?" This single question encompasses five separate questions: 1. How will you turn Africa's resource wealth into tangible benefits for its people? 2. How will you reduce Africa's debt? 3. How will you ensure sustainable financing of the African Union? 4. How will you enable Africa to control its economic destiny? 5. How will you ensure the African Continental Free Trade Area (AfCFTA) achieves its goals? The AUC Secretariat should improve the overall organization of this debate by ensuring that questions are more concise, focused, and structured. This would encourage candidates to provide insightful, specific, and actionable answers.

Yesterday, the Governor of the Bank of Namibia, Mr Johannes !Gawaxab joined key leaders, including finance ministers, central bank governors and principal secretaries from across the region, to celebrate the Macroeconomic & Financial Management Institute of Eastern and Southern Africa (MEFMI) 30th anniversary at the 2024 MEFMI Combined Forum in Washington DC. For three decades, MEFMI has built sustainable human and institutional capacity, promoting best practices in macroeconomic and financial management to drive economic growth and reduce poverty across its 15 member countries. Under the theme “Climate Financing,” the Forum will also explore the financial measures needed to support economic resilience and sustainability in the face of climate change, an urgent priority area for both the Bank and MEFMI. Amongst those in attendance were Victoria Kwakwa, Regional Vice President of The World Bank and Sergio Pimenta, Vice President of IFC - International Finance Corporation for Africa, who were engaging in meaningful dialogue to drive economic development. #ClimateFinancing #MEFMI30 #Sustainability

NIPC congratulates Zenith Bank on the grand opening of its second European office in Paris, France! Zenith Bank is a true testament to Nigeria's remarkable success, now one of Africa's largest financial institutions expanding its global reach. During this historic state visit to France, hosted by President Emmanuel Macron, President Bola Ahmed Tinubu leads an official delegation aimed at strengthening Nigeria-France relations. NIPC looks forward to enhancing economic cooperation, investment promotion, and partnerships in energy, agriculture, technology, and infrastructure. The Commission is committed to facilitating investments into Nigeria and will engage with top French businesses during the France-Nigeria Business Council Meeting and the Business Forum by MEDEF International. #NIPC #ZenithBank #Paris #NigeriaFranceRelations #BolaAhmedTinubu #PresidentEmmanuelMacron #InvestmentPromotion #GlobalExpansion #EconomicCooperation #BusinessForum #MEDEFInternational #AfricaRising #FinancialSuccess #BilateralRelations #Infrastructure #Technology #Agriculture #Energy #SuccessStory