National Bank of Georgia’s Post

African leaders have been rooting for the overhaul of the global financial architecture citing the need to have more friendlier credit terms. I unpacked the net effects this would have for Africa in an insightful conversation with Raymond Gilpin, Chief Economist & Head of Strategy, UNDP for more on CNBC Africa

From May 27th to 31st, 2024, the Kenyatta International Conference Center in Nairobi will host the 59th Annual Meetings of the Board of Governors of the African Development Bank, along with the 50th Annual Meeting of the Board of Governors of the African Development Fund. These high-level meetings will shed light on the challenges and opportunities for Africa in the context of reforming the global financial architecture. African Development Bank #Nairobi #AnnualMeetings #globalfinancialarchitecture #sustainabledevelopment #climatefinancing #Kenya

“Africa’s financial ecosystem needs accurate, fair credit assessments to drive down costs and foster growth” Join us on Tuesday 29th October 2024 for the Africa Credit Rating Conference, bringing together key stakeholders in the financial industry to explore, discuss and collaborate on Credit Rating issues on the African Continent. #ACR2024Conference Unlocking Africa Capital Redefining Africonomics

"It’s time to prioritize African credit rating agencies while building a powerful, unified entity that represents our needs." — Malado Kaba, former Finance Minister of Guinea and MD at Falémé Conseil, advocates for a system that truly understands Africa’s unique strengths and regional dynamics. 📊💼 Imagine a credit rating system shaped by Africa, for Africa—empowering every nation and driving growth across the continent. 🌱💪🏾 💬 Do you think an African-led credit rating agency could change our economic landscape? Drop your thoughts in the comments! 🔗 Watch the full event on YouTube for deeper insights! Click this link: https://bit.ly/3O2XwQ5 #ReimaginingIDA #CreditRatingRevolution #EmpoweringAfrica #AfricanEconomies

We hope you will join us for this important conversation, where FINCA CEO Andree Simon will share challenges and opportunities facing FINCA and other finance organizations focused on poverty reduction. Register here: https://lnkd.in/d3YWNnHV #EndPoverty

🎉 The National Bank of the Kyrgyz Republic and EBRD Partner to Champion Women’s Financial Empowerment with the #WEFinanceCode 🎉 Melis Turgunbaev, Chairman of the National Bank of the Kyrgyz Republic, and Mark Bowman, EBRD Vice President for Policy and Partnerships, formalized an MOU on the sidelines of the World Bank-IMF Annual Meetings to advance the WE Finance Code initiative and expand financial access for #WSMEs. The WE Finance Code supports the development of data-driven policies and drives actions to create a financial ecosystem that fosters leadership and #economicinclusion for #womenentrepreneurs. By taking this step, the National Bank of the Kyrgyz Republic reaffirms its commitment to inclusive growth and #financialempowerment. Chairman Turgunbaev underscored the significance of the MOU, stating, “Expanding financial access for women-led enterprises is essential not only for economic prosperity but also for fostering a more equitable society. The WE Finance Code will help enhance our data capabilities and identify new opportunities for WSMEs, ultimately broadening financial access for women entrepreneurs across #Kyrgyzstan. We trust that the signing of the Memorandum will serve as a catalyst for new opportunities and initiatives, empowering women to realize their potential.” ➡️ Learn more about the WE Finance Code at www.wefinancecode.org

🎉 The National Bank of the Kyrgyz Republic and EBRD Partner to Champion Women’s Financial Empowerment with the #WEFinanceCode 🎉 Melis Turgunbaev, Chairman of the National Bank of the Kyrgyz Republic, and Mark Bowman, EBRD Vice President for Policy and Partnerships, formalized an MOU on the sidelines of the World Bank-IMF Annual Meetings to advance the WE Finance Code initiative and expand financial access for #WSMEs. The WE Finance Code supports the development of data-driven policies and drives actions to create a financial ecosystem that fosters leadership and #economicinclusion for #womenentrepreneurs. By taking this step, the National Bank of the Kyrgyz Republic reaffirms its commitment to inclusive growth and #financialempowerment. Chairman Turgunbaev underscored the significance of the MOU, stating, “Expanding financial access for women-led enterprises is essential not only for economic prosperity but also for fostering a more equitable society. The WE Finance Code will help enhance our data capabilities and identify new opportunities for WSMEs, ultimately broadening financial access for women entrepreneurs across #Kyrgyzstan. We trust that the signing of the Memorandum will serve as a catalyst for new opportunities and initiatives, empowering women to realize their potential.” ➡️ Learn more about the WE Finance Code at www.wefinancecode.org Huseyin Ozhan Barbara Rambousek Anton Usov

African nations are grappling with high debt servicing costs and biased credit ratings, leaving them stuck in an international financial system that prioritizes creditors. But change is possible! Join us as Development Reimagined and Center for Strategic and International Studies (CSIS) host an exclusive webinar to discuss reforms in credit rating agencies (CRAs), debt sustainability assessments (DSAs), and how African countries can lower private sector financing costs. 📅 Date: October 23, 2024 🕙 Time: 10 a.m. – 12 p.m. EST 📍 Location: CSIS Headquarters, Washington, DC Learn how African countries can take control of their financial future, challenge the status quo, and foster economic growth through innovative solutions. 🚀

Can you make an omelette without breaking some eggs? Not talking about going vegan, but about the metaphor / attitude that justifies violations of human rights for development. It is a false trade-off. Development banks need to strengthen human rights safeguards! At the new Bankwatch & FIDH report launch we will discuss how. Join us!

Credit Rating Outlook Africa Conference 2025 Join us on 19-20 March 2025, in Cape Town, South Africa, for the premier gathering of credit rating professionals, government officials, investors, and financial market participants. Exploring Current Trends, Challenges, and Opportunities in African Credit Ratings This two-day conference will delve into: - Overview of Credit Rating Agencies in Africa - Regulatory Frameworks for CRAs in African Countries - Africa Sovereign Credit Rating Review and Outlook - Portfolio Credit Risk Review: Reforms, Devaluation, and Emerging Markets - Challenges and Opportunities for Credit Ratings in Africa - Importance of Credit Ratings for Investors and Issuers - Impact of Credit Ratings on Foreign Direct Investment - Case Studies on Credit Rating Practices in African Markets - Improving Treasury and Debt Management - Africa's Credit Market Policy Framework Requirements - The Impacts of BRICS on Credit Risk Regulation - Markets, Geopolitics, and Reforms - Environmental and Social Risk Approaches Key Takeaways: - Insights from industry experts and thought leaders - Networking opportunities with key stakeholders - Understanding of current trends and future outlook - Best practices for credit rating agencies and investors - Policy framework requirements for Africa's credit market Who Should Attend: - Credit rating agencies - Government officials - Investors - Financial market participants - Risk management professionals - Treasury and debt management experts - Consulting ferms Registration: Email - mlambo@millasa.co.za or mariana.nyathi@millasa.co.za Don't miss this opportunity to shape the future of credit ratings in Africa! #CreditRatingOutlookAfrica #Conference #CapeTown #SouthAfrica #CreditRatings #Africa #FinancialMarkets #Investors #RiskManagement #TreasuryManagement #DebtManagement