Africa’s financial industry was one of the most dynamic in the world prior to the onset of the Covid-19 pandemic. While the impact of the economic crisis promises to be severe, with an unprecedented recession – the continent’s first in 25 years – the banking sector will soon be confronted with much higher levels of risk and a likely deterioration in returns on equity. Also faced with the acceleration of digitalisation, with some players proving to be better prepared than others, African finance is now forced to rethink its development trajectory in light of these new challenges. At the first edition of The Financial Industry Summit, 500 decision-makers representing the entire spectrum of the financial industry, industry champions, investors and regulators will share their vision and experience during panels, keynote addresses and roundtables:
• Rethinking the priorities of Africa’s financial industry in the post-Covid era
• Does the Covid crisis pose a threat or represent an opportunity for the financial services industry in Africa?
• What kind of regulatory environment can help fintech firms strengthen their sustainable development initiatives?
• Data and AI: the new catalysts for value creation?
• Brand, digitalisation and services: understanding emerging customer experience issues
• Fraud and cyber risks: addressing new threats
• How can African stock exchanges become a solid alternative source of financing?
• Insurance industry challenges in the wake of digital transformation