MFW4A- Newsletter of the Making Finance Work for Africa Parntership
Making Finance Work for Africa
Issue 105 Newsletter | 10/2014

Local Capital in African Private Equity: An Interview with Sev Vettivetpillai, Partner, The Abraaj Group

How significant is the unlocking of huge amounts of local capital across Africa to your strategy, particularly with your funds going forward?


Local capital is an important part of the overall story in Africa. If Africans and African institutions are not investing in their own markets, why should somebody from outside the region think there is an opportunity here? To give credibility to the story they must invest, otherwise the story doesn't hold together. The markets in Africa are all at different stages of development in terms of regulation and knowledge about this asset class. Read More.

In Focus

Africa Pension Funds Network (APFN)

The MFW4A Secretariat, with the support of leading pension industry participants from across Africa established the Africa Pension Funds Network to explore how the various barriers to unlocking the domestic capital can be addressed. APFN was inaugurated during the Partnership Forum in Dakar, and membership currently includes industry associations and pension fund managers from Botswana, Namibia, Nigeria, South Africa, East Africa (covering Burundi, Kenya, Rwanda, Uganda, Tanzania and Zambia), with more countries expected to join in the coming months. Find out more about the network here.

13.10.2014 | Remittances to sub-Saharan Africa could reach $33 billion by 2014
Remittances to Sub-Saharan Africa are expected to reach $33 billion (€26 billion) in 2014, according to a new report from the World Bank (WB). This represents an increase of 3.2 per cent from 2013. 


13.10.2014 | Angola's BIC gets banking licence to operate in Namibia
The Bank of Namibia has granted a provisional authorisation to Angolan group BIC Bank to operate as a banking institution in Namibia.


10.10.2014 | Proparco and FMO grant $40 million to Access Bank Ghana for loans to businesses
Access Bank Ghana will receive a credit facility of $40 million (€31.3 million) over seven years from the Dutch Development Bank (FMO) and Proparco to boost access to credit for businesses.

Islamic Finance in Sub-Saharan Africa: Status and Prospects
E. Gelbard, M. Hussain, R. Maino et al. | IMF | 2014


Exploring new frontiers: The potential of impact investments in microinsurance
J. Leach, S. Ncube, A. Menon | Microinsurance Network, CGAP et al. | 2014


Designing and Delivering Agriculture Finance Products
P. Prasoon, A. Pareek, A. Natu et al. | MicroSave | 2014

The Global African Investment Summit
20.10.2014 - 21.10.2014 | London, United Kingdom


8th Bi-Annual Microfinance Conference
22.10.2014 - 24.10.2014 | Hawassa, Ethiopia


4th Global Islamic Microfinance Forum
01.11.2014 - 02.11.2014 | Dubai, UAE

Pension Funds and Private Equity: Unlocking Africa's Potential

New report by the Commonwealth, MFW4A and EMPEA provides information that is crucial to a better understanding and appreciation of the pensions industry in Africa, with a focus on Botswana, Ghana, Kenya, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Uganda and Zambia.

MFW4A Yearly Report 2013

We are very pleased to share with you the latest yearly report detailing the work of the MFW4A Partnership Secretariat over 2013.

Making Cross-Border Banking Work for Africa

The report presents the facts, challenges and opportunities of cross-border banking in Africa.

Visit the New African Partner's Directory

Learn about the key stakeholders who are active in Africa's financial sector.

Visit the MFW4A online Donor Projects Database (DPD).

The Making Finance Work for Africa (MFW4A) Secretariat
African Development Bank
Immeuble du Centre de Commerce International d'Abidjan (CCIA)
Avenue Jean-Paul II, 01 B.P 1387
Abidjan 01 - Côte d'Ivoire

Tel: (225) 20.26.39.53

secretariat@mfw4a.org

www.mfw4a.org


Click here to unsubscribe