Africa24 English’s Post

"We have got to really send out a positive story about Africa" - Jeremy Awori, CEO of Ecobank Group, speaks about Africa 24’s role in promoting the continent's economic growth, innovation, and diverse opportunities to the global stage, helping to reshape perceptions and attract investment to the region. #Africa24 #Ecobank #JeremyAwori

"We have got to really send out a positive story about Africa" - Jeremy Awori, CEO of Ecobank Group, speaks about Africa 24’s role in promoting the continent's economic growth, innovation, and diverse opportunities to the global stage, helping to reshape perceptions and attract investment to the region. #Africa24 #Ecobank #JeremyAwori

We are happy to announce a $25 million risk-sharing facility with Ecobank Sierra Leone to increase access to finance for ambitious businesses.   The private sector, which mainly comprises SMEs, is crucial to Sierra Leone’s economy providing employment for about 70 per cent of the population. Yet, access to capital is a challenge. This facility, the first investment through our Africa Resilience Investment Accelerator (ARIA) platform, will not only increase lending to businesses in critical sectors but also provide longer term loans in local currency.   It demonstrates BII’s ability to act as a first mover in frontier markets, navigating risk and working with partners to create impact. Samir Abhyankar, Admir Imami, Jo Fry, Alex Kucharski, Vivianne Infante, Wahid Ben Tanfous, Adeola Chetachi Adesola, Richard Woodhull, Dieu-Donne Gameli, Ecobank Transnational Incorporated, Foreign, Commonwealth and Development Office and Anneliese Dodds.   For the full details, click the link in the comments.   #BII #Ecobank #SierraLeone #PrivateSectorGrowth #ImpactInvestment #AfricaResilience #FinanceForDevelopment

Banking for Prosperity & Growth; sharing the stage with Sepo L. Haihambo , CEO of FNB Namibia Thoroughly enjoyed demystifying "Banking for Prosperity" with a very impressive #banking leader from the continent of #Africa. We got to cover a wide range of topics including and not limited to: ⚙️ What programs or initiatives did the bank have in place to educate and #empower individuals and businesses in Namibia?" ⚙️ How was the bank addressing the challenge of financial inclusion in Namibia, particularly in rural and underserved areas?" ⚙️ What are the main challenges faced by #SMEs in Namibia, and how were banks helping them overcome these obstacles? ⚙️ How were the banks increasingly integrating environmental, social, and governance (#ESG) criteria into its lending and investment decisions?" ⚙️ How was FNB in Namibia leveraging #technology to enhance customer experience and operational efficiency? ⚙️ Finally, the importance of #collaboration between various stakeholders of the #banking #ecosystem and how important was it to have a forward looking perspective What is worth mentioning is that I also enjoyed our discussions on the sidelines of our talk; discussing different business models and strategies which exist in the different corners of the world and their applicability to Namibia 🇳🇦 and the wider African continent. I am confident there will be more conversation in the future GITEX AFRICA #fintech #baas #platforms #financialinclusion #superapps #tinkoff #graminbank #leadership

Empowering Africa through digital innovation. Sanjay Rughani CEO of Standard Chartered Bank Uganda, shared powerful insights at the 4th edition of IBB on how digital solutions are transforming financial inclusion. From reducing transaction costs to expanding access for underserved communities, he emphasized the importance of policy reforms and a shift towards holistic financial growth in the digital era. Thank you for your invaluable Contribution to empowering professionals and the country. #IBA #IBA2024 #daressalaam #agalaforprofessionals

#Abidjan la douce …   I've just spent an exciting 10 days in Abidjan, participating in the AFRICA BANKING FORUM and meeting with people from the #fintech and the #Banking space.   * The #investmentpotential is considerable, provided Fintech entrepreneurs embrace #operationalexcellence. The #francophone market is #underserved with capital and the opportunities literally right ahead.   * The conversations around #digitisation in the #banking sector are advanced (often much more than in my home country #Germany). I am impressed by the deep understanding #bankingexecutives have of their clients' needs.   * The #sustainablefinance discussion is still in its infancy but starts to appear. #Sustainability in #Africa does not equal sustainability in Europe and I am curious to see how this topic will be implemented on the continent 💙 Abidjan thanks for meeting/having me 🙏 Fatima Coulibaly Sylvie C. BECKER Paul-Harry Aithnard Dhafer Saidane Isaac GNAMBA-YAO Marie-charlotte Renaux Josselin Joncheray khady lo Oussama GHAZI Tchriffo Stephane Selma Ouiguini Ousmane THIAM Youssef Waqif Khadija Laraqui Jil-Alexandre N'DIA

On the cover! Our regional Director for Africa, Kirsten Wortmann, shares further insights on East Africa's booming economy and our strategic plans to drive innovation in the region with #BusinessQuest. East Africa is poised for remarkable economic growth this year, with forecasts indicating a surpassing 5 percent increase. Kirsten highlights countries like Rwanda, Uganda, Ethiopia, Kenya, Djibouti, and Tanzania as the driving forces behind this upward trend, with a substantial contribution from their services sector. In response to this promising outlook, we're doubling down on innovation to cater to the evolving needs of consumers and businesses. Through strategic partnerships with banks and fintech institutions, we're rolling out new features and enhancing user experiences across a spectrum of digital payment services. Watch this space! 👉https://lnkd.in/dptzuQB3 #Africa #Payments #Innovation #StrategicPartnership #DigitalPayments

Watch this space #fintech #payments The Global Fintech’s entry into the Est African Market aims to capitalize the Growing Market.

⭐️ For this week's #FollowFriday, let's shine a spotlight on Prof. Benedict Oramah, President of African Export-Import Bank (Afreximbank). 🌍 He has been instrumental in steering the bank to a leading position in sub-Saharan Africa's loan markets. Under his leadership, Afreximbank not only excels in promoting intra-African trade but also in fostering sustainable economic #growth across the continent. 🔑 Prof. Oramah's visionary approach has significantly contributed to the bank's success, positioning it as a key player in Africa's financial landscape. 📅 Last week, Afreximbank achieved a remarkable milestone by leading the rankings in the #LoanMarkets of sub-Saharan Africa. This significant accomplishment underscores the bank's pivotal role in facilitating capital market activities within the region. 💰 #Afreximbank's leadership position highlights its effectiveness in promoting intra-African trade and #EconomicDevelopment, reflecting its strategic initiatives to enhance access to financing across the continent. This development marks an important step in strengthening #Africa's financial infrastructure and supporting its economic growth. 🔔 For insights into economic development and trade finance in Africa, Prof. Oramah is a must-follow for finance professionals and enthusiasts alike. #CapitalMarketsGrowth #IntraAfricanTrade #SubSaharanFinance #EconomicDevelopmentAfrica

During the third day of 31st Afreximbank Annual Meetings and 3rd AfriCaribbean Trade and Investment Forum Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade Bank, Afreximbank opened the Trade and Investment session with a powerful message, "We all agree that global Africa has emerged. It must be given the necessary impetus to become a competing force in the currently fractured global economy." Her remarks highlighted the need for trust and collaboration within Africa and the diaspora to harness the continent's potential. "We need to trust each other, our system, and our brainpower. Let us unite our dreams and craft a future for the sake of our present and future generations." she stated. Mrs. Awani emphasised the importance of youth, innovation, and creativity as catalysts for socio-economic development. She called for the creation of a competitive environment and strategic investments to empower young people and foster economic growth. #GlobalAfrica #Afreximbank #ACTIF2024 #GlobalAfricaProsperity #OnePeopleShareAspirations