Long-Term Finance in Africa: The Next Frontier

Jun 30, 2015

Join us at the Third International Conference on Financing for Development
WHEN: 10am - 12:30pm Monday, July 13, 2015
WHERE: Meeting 1, Intercontinental Hotel, Addis Ababa, Ethiopia

Download the official brochure of the side
event.
Long-term financing is critical for investment and global growth. It is this ability of long-term finance to support growth and job creation that makes it a priority for governments across the world, including the G20, and a major focus of the international dialogue on financing for development. Africa's macroeconomic fundamentals have improved significantly in recent years, providing a basis for growth in many sectors including finance. New players, products, and technology have helped broaden access to financial services and reach previously unserved populations. However, the development of markets, institutions and regulatory structures to support the provision of long-term finance in Africa is still in its early stages. The ability of African financial systems to provide term finance is essential to support expansions in the productive capacity of firms and finance the investment in infrastructure that the continent needs. It is in this context that the Making Finance Work for Africa (MFW4A) Secretariat and the African Development Bank (AfDB) are organising a panel discussion on Long-Term Finance in Africa: The Next Frontier
on the margin of the Third International Conference on Financing for Development in Addis-Ababa, Ethiopia. The event will bring together development finance institutions, policy makers and private sector to:
  • Take stock of the current situation with respect to long-term finance in Africa - What are the key needs and where are the gaps? What are the respective roles of policy makers, DFIs, local institutional investors, and the private sector?
  • Identify opportunities and challenges for the development of long-term finance in Africa - What is working and what is not from the perspective of each stakeholder group? What are the opportunities and how can they work together to address them? What are some current innovations in the field and how can these be replicated?
  • Propose concrete actions for each stakeholder group to support the development of long-term finance in Africa.
Panellists will include:
  • Issa Faye, African Development Bank;
  • Rhoda Mhango, African Private Equity & Venture Capital Association;
  • Professor Njuguna S. Ndung'u, former Governor,
    Central Bank of Kenya;
  • Dave Uduanu, Africa Pension Funds Network; and
  • David Ashiagbor, Making Finance Work for Africa (Moderator).
Should you wish further information about the event or to register your interest to attend in person, please
refer to the Third International Conference on
Financing for Development
website, or contact the MFW4A Secretariat by email (Mr. Abdelkader Benbrahim email a.benbrahim@afdb.org
).