Coronation Group’s Post

🎙 A platform for progress: Key Takeaways from the #AfricaFinancialSummit 📆 Each year, AFIS continues to raise the bar, becoming a central hub for innovation, debate and collaboration across Africa's financial sector. As Omar Cisse, CEO, InTouch, noted: 💬 “AFIS is an ideal framework for exchanges around the issues of #FinancialInclusion in Africa. We are convinced that the development of our countries will depend on the sustainable financial inclusion of the entire population.” 🤝 From the latest #FintechInnovations to the regulatory discussions shaping the future of finance, #AFIS provides a space where pioneers and thought leaders come together. At the heart of our summit is the opportunity not just to learn, but to lead Africa's #FinancialTransformation. AFIS is where strategies take shape and partnerships are forged. Don't miss your chance to be part of Africa's financial future. 🔗 Register now to secure your place at the forefront of this transformative dialogue: https://lnkd.in/dBfEgzck #FinanceInAfrica #SustainableGrowth #CapitalMarketsAfrica

In our first keynote session of the day, Aigboje Aig-Imoukhuede, Chairman of the Coronation Capital took to the stage to discuss developments in African capital markets. In particular, Aigboje stressed that Africa has been left behind in the prosperity that capital markets have brought to the modern world. He broadly put this down to sub-Saharan African issuers’ struggle to remain competitive on the global stage due to rating agencies’ reluctance to give investment-grade ratings – an unfair disadvantage and likely a mistake on their behalf. Aigboje concluded by calling for improvements in African data and fiscal transparency and the adoption of global investment performance standards by sub-Saharan investment funds to put them on equal footing with international competitors. #ICMAAGM2024 #Brussels #global #Africa #joinus #capitalmarkets #event #csuite 

Where to invest in Africa Out of 31 African countries evaluated, RMB - Rand Merchant Bank, 'Where to invest in Africa' report identifies the top five investment destinations on the continent as the Seychelles, Mauritius, Egypt, South Africa, and Morocco.  Business Day TV discussed the findings in more detail with Samantha Singh-Jami, Africa Strategist at RMB.    Tune into 'Business Lunch' on Business Day TV at 12:30, only on Dstv channel 412, for your essential roundup of the day's financial headlines and market insights. #WhereToInvestInAfrica #InvestInAfrica #AfricaGrowth #MarketInsights #Businessnews #AfricaStrategy   

We were thrilled to join the Financial Times at their Africa Summit last week for a day full of insightful discussions on the challenges and opportunities shaping the African continent’s future. Our COO and Partner, Nieros O., shared Verod’s perspective on three critical drivers for sustainable growth in Africa: 🔑 Unlocking local currency funding: The private sector drives economic growth across the continent, but limited access to hard currency poses constraints. Strengthening domestic financial systems is essential to fostering growth from within. 🔑 Embracing regionalisation: Intra-African trade, propelled by the AfCFTA, presents a powerful opportunity—not only to reduce import reliance but to create jobs and expand export markets. 🔑 Good governance: A thriving business environment rests on good governance. Simplifying business registration and promoting transparent regulations are key steps towards building investor confidence. Our sincere thanks to panel moderator Andrew Hill for his insightful questions, and to fellow speakers Odile Renaud-Basso, Dr. Mo Ibrahim, Founder & Chairman, Mo Ibrahim Foundation, Moh Damush, and Max McCabe for their valuable contributions. #FTAfrica #FTLive #AfricaSummit

Watch our Chairman, Tony Elumelu, join global leaders at the Future Investment Initiative (@FIIKSA), where he will co-chair the New Africa Summit and reinforce our Africapitalism philosophy. Here: http://FII-Institute.TV He champions youth entrepreneurship, long-term investment, and equitable energy transition as key catalysts for Africa's growth. Africa and the Gulf are building a legacy of shared prosperity, now is the time for Africa to take center stage. #HHImpact #Africapitalism #Africapitalism #FII8 #HHImpact

I had the privilege of attending a truly insightful event this morning, the Launch of the #Rwanda 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐂𝐨𝐝𝐞, hosted by the 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐮𝐭𝐡𝐨𝐫𝐢𝐭𝐲 𝐨𝐟 𝐑𝐰𝐚𝐧𝐝𝐚. I’m excited to share some key takeaways from this eye-opening and inspiring session. Among the significant points discussed, Mpho Moletlo Kgosietsile (FCG)’s insight on the importance of good governance for attracting and retaining capital investment. Mpho emphasized that “𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐫𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠 𝐬𝐡𝐨𝐮𝐥𝐝 𝐛𝐞 𝐚 𝐜𝐮𝐥𝐭𝐮𝐫𝐞, 𝐧𝐨𝐭 𝐣𝐮𝐬𝐭 𝐚 𝐝𝐞𝐦𝐚𝐧𝐝 𝐨𝐫 𝐞𝐱𝐩𝐞𝐜𝐭𝐚𝐭𝐢𝐨𝐧.” This reinforces the need to embed a culture of transparency and accountability in our financial practices. The CEO, Mr. Thapelo Tsheole - MComm, MBA, emphasized that capital markets thrive on 𝐜𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐢𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 in his closing remarks. Key points highlighted included: - The necessity of a 𝐩𝐫𝐨𝐩𝐞𝐫 𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐠𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐜𝐨𝐝𝐞 that guides our operations. -The importance of 𝐞𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬 and developing a robust implementation plan. -Strategies for 𝐛𝐫𝐨𝐚𝐝𝐞𝐫 𝐚𝐧𝐝 𝐝𝐞𝐞𝐩𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐞𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭. -Understanding that in a competitive landscape, creating an attractive environment for investors is crucial. I’d also like to recognize the contributions of other insightful speakers: Claude Jr. Kamangirira, Anne Molyneux, Zano Mataruka, James Ndahiro, and lumumba Rose. Your perspectives greatly enriched the discussion. Thank you to everyone who made this session so enriching. Join us on November 6th to8th, 2024, at the 𝟖𝐭𝐡 𝐀𝐟𝐫𝐢𝐜𝐚 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐅𝐮𝐧𝐝𝐬 𝐚𝐧𝐝 𝐀𝐬𝐬𝐞𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 (𝐀𝐈𝐅𝐀𝐌) 𝐅𝐨𝐫𝐮𝐦 in 𝐊𝐢𝐠𝐚𝐥𝐢, 𝐑𝐰𝐚𝐧𝐝𝐚, to explore these themes further. This forum will focus on "𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐀𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐟𝐨𝐫 𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐏𝐞𝐧𝐬𝐢𝐨𝐧 𝐅𝐮𝐧𝐝𝐬," providing an excellent opportunity to engage with industry leaders and discuss the future of investment in Africa. We look forward to your participation! For Sponsorship, Speaking and Participation enquiries, please contact: Gaone Tawana - gaone@mncapitalgroup.com. #RwandaCapitalMarket #CorporateGovernance #Leadership #CapitalMarkets #SustainableFinanceAfrica #AssetManagementAfrica #AIFAM2024 MTN Rwanda Equity Bank Rwanda African Institute for Mathematical Sciences Rwanda One Acre Fund

Reflecting on the recently concluded 2024 Africa Private Capital Association annual conference, I am still struck by the prevailing sense of optimism in the industry in the face of the myriad challenges posed by the macroeconomic environment including geopolitical uncertainties and cautious global capital allocation. Africa's private capital industry clearly remains resilient and its potential for growth strong. I’m honoured to call some of the most significant participants in this sector my clients and thankful that Control Risks was recognized at this prestigious event as a finalist for the Shapeshifter Award which recognised professional services firms that have embraced innovation and implemented client-centric approaches for the benefit of the private capital industry. Onwards and upwards. #duediligence #strategicintelligence #Africa

📅 [Save the date] AFRICA FINANCIAL SUMMIT - AFIS 2024 in Casablanca - MOROCCO 🇲🇦 Set against the vibrant backdrop of #Casablanca on 9 & 10 December 2024, the AFRICA FINANCIAL SUMMIT - AFIS will beckon the continent's finance professionals to two days of unparalleled networking, learning, and inspiration. As a hub for thought and action leadership, #AFIS2024 offers an intimate setting to mingle with peers, delve into engaging keynotes, panels, and roundtables, and explore emerging trends shaping our industry. More than 1,000 leaders from Africa's financial industry are gathering to address key challenges and shape the continent's financial future. This is your chance to connect, share insights, and be inspired by the collective wisdom of Africa's financial community. Space is limited, so secure your place at this essential gathering now to foster connections and drive innovation in African finance. Don’t let this opportunity pass you by. ⏳️Take avantage of the super early bird - ending July 10th⌛️, and grab your seat here : https://lnkd.in/eQTWCdwi For more information reach out to me : a.bio-tchane@jeuneafrique.com #AFIS2024 #newsalert #Finance #Financialindustry #Investment #economy #business #Africa #AFIS #DFI #Bank #Insurance #equity #fintech #FDI #Momo ##disruption #innovation #Insurtech #Telco #remittances #MNO #mobilemoney #moneytransfer #payment #Development #techinfinance #financialinclusion #Morocco #womeninfinance #Banking #Telecoms #Bankers #transactions #Deals #networking #advocacy #connectivity #Insurers #Capitalmarkets #financialservices #financingAfrica #disrupters #Finances #Leaders #Funds #privateequity #Afrique #Maroc #Leadership #Africanfinance #InvestinAfrica #theAfricawewant

This will be an interesting discussion on Thursday around how carbon markets can bring financing to Africa. Looking forward to speaking!